# Infineon receives EU Chips Act funding approval for Dresden Smart Power Fab

The European Commission approved funding under the European Chips Act for Infineon's Smart Power Fab in Dresden, with total funding of around €1 billion. Infineon is investing €5 billion in the expansion, which started construction in March 2023 and is planned to open in 2026, creating up to 1,000 jobs.

- Type: Investment
- Announced: 2025-02-20
- Where: Dresden, Germany, Germany
- Value: $5.40B (5.00B EUR)
- Jobs: 1,000
- Starts operating: 2026
- Status: under construction
- Products: power semiconductors, analog/mixed-signal technologies, sensor technologies, radio frequency technologies
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Infineon Technologies AG](https://endata.com/companies/15717.md)

## Sources

- [infineon.com](https://www.infineon.com/press-release/2025/infxx202502-058), 2025-02-20: "The European Commission today approved funding under the European Chips Act for the Infineon Technologies AG Smart Power Fab in Dresden."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.