(FILES) Two employees work at the clean room for 300mm wafer manufacturing at the plant of German semiconductor manufacturer Infineon Technologies AG in Dresden, eastern Germany, on June 10, 2026. On July 2, 2026, Infineon will officially open its Smart Power Fab that manufactures power semiconductors as well as analog/mixed-signal-components in Dresden. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Jens SCHLÜTER / AFP via Getty Images)

(FILES) An employee holds a 300mm wafer at the new Smart Power Fab of German semiconductor manufacturer Infineon Technologies AG in Dresden, eastern Germany, on June 10, 2026. On July 2, 2026, Infineon will officially open its Smart Power Fab that manufactures power semiconductors as well as analog/mixed-signal-components in Dresden. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Jens SCHLÜTER / AFP via Getty Images)

(FILES) An employee works at the clean room for 300mm wafer manufacturing at the plant of German semiconductor manufacturer Infineon Technologies AG in Dresden, eastern Germany, on June 10, 2026. On July 2, 2026, Infineon will officially open its Smart Power Fab that manufactures power semiconductors as well as analog/mixed-signal-components in Dresden. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Jens SCHLÜTER / AFP via Getty Images)

(FILES) An employee walks at the clean room for 300mm wafer manufacturing at the plant of German semiconductor manufacturer Infineon Technologies AG in Dresden, eastern Germany, on June 10, 2026. On July 2, 2026, Infineon will officially open its Smart Power Fab that manufactures power semiconductors as well as analog/mixed-signal-components in Dresden. With an investment of five billion euros, the new facility represents the largest single investment in Infineon's history. (Photo by Jens SCHLÜTER / AFP via Getty Images)

France's Economy and Finance Minister Roland Lescure leaves after the weekly cabinet meeting at the Elysee Palace in Paris on July 1, 2026. (Photo by SIMON WOHLFAHRT / AFP via Getty Images)

France's Economy and Finance Minister Roland Lescure leaves after the weekly cabinet meeting at the Elysee Palace in Paris on July 1, 2026. (Photo by SIMON WOHLFAHRT / AFP via Getty Images)

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, July 1, 2026. (AP Photo/Ahn Young-joon)

(L-R) German Minister for Research, Technology and Aerospace Dorothee Baer, German Interior Minister Alexander Dobrindt, German Finance Minister and Vice Chancellor Lars Klingbeil and German Economy and Energy Minister Katherina Reiche wait for the German Chancellor, the German Defence Minister and the NATO Secretary General pose for a group photo prior to a weekly meeting of the German cabinet at the Defence Ministry in Berlin, Germany, on July 1, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)