People walk past an Apple store in a shopping mall in the Xuhui district in Shanghai on July 1, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

People walk past an Apple store in a shopping mall in the Xuhui district in Shanghai on July 1, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

(FILES) The logo of German semiconductor manufacturer Infineon Technologies AG is seen at the company's plant 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) 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)