EU approves €623M German state aid for GlobalFoundries and X-FAB semiconductor plants

The European Commission approved €623 million in German state aid: a €495 million grant for GlobalFoundries to expand its Dresden site for 300 mm wafer production, and a €128 million grant for X-FAB to build a new open foundry in Erfurt for MEMS and chip technologies. Commercial operations for X-FAB are expected by 2029.

“The aid will take the form of a direct grant of €495 million.”globalsemiconductorprojects.com

• 1 source
• globalsemiconductorprojects.comEU Commission approves €623 million German State aid — Semiconductor Project Newsronan McGladeDec 14, 2025

Summarized from public sources; check the original articles before acting on it.