German Minister for Digitalization and State Modernization Karsten Wildberger delivers his speech during the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon opened a five-billion-euro ($5.7 billion) microchip plant on July 2, at a time Europe seeks to bolster its high-tech autonomy. The "Smart Power Fab" in the eastern city of Dresden, completed three months ahead of schedule, has been hailed as a symbol of an EU push to reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)

(L-R) German Minister for Digitalization and State Modernization Karsten Wildberger, CEO of Infineon Jochen Hanebeck and Saxony's State Premier Michael Kretschmer unveil a 300mm wafer during the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)

(3rd-R) German Minister for Digitalization and State Modernization Karsten Wildberger, CEO of Infineon Jochen Hanebeck and Saxony's State Premier Michael Kretschmer pose with a 300mm wafer during the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)

Jochen Hanebeck, CEO of Infineon, delivers his speech during the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)

(2ndL-R) German Minister for Digitalization and State Modernization Karsten Wildberger, CEO of Infineon Jochen Hanebeck and Saxony's State Premier Michael Kretschmer unveil a 300mm wafer during the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)

(2ndL-R) German Minister for Digitalization and State Modernization Karsten Wildberger, CEO of Infineon Jochen Hanebeck and Saxony's State Premier Michael Kretschmer unveil a 300mm wafer during the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)

(2ndL-R) German Minister for Digitalization and State Modernization Karsten Wildberger, CEO of Infineon Jochen Hanebeck and Saxony's State Premier Michael Kretschmer pose with a 300mm wafer during the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)

(L-R) German Minister for Digitalization and State Modernization Karsten Wildberger, CEO of Infineon Jochen Hanebeck and Saxony's State Premier Michael Kretschmer attend the opening ceremony of the Infineon Smart Power Fab in Dresden, eastern Germany, on July 2, 2026. German semiconductor giant Infineon officially opens a large new chip factory in eastern Germany on July 2, three months ahead of schedule. The new, highly automated plant -- which cost 5 billion euros ($5.7 billion) -- has been repeatedly held up as a symbol of the European Union's push to bolster the domestic tech sector and reduce dependency for crucial parts on Asia and the United States. (Photo by Ronny HARTMANN / AFP via Getty Images)