STMicro to build EUR5 billion plant in Italy with EU Chips Act aid

Bloomberg Friday 31 May 2024 0

Credit: STMicro

STMicroelectronics NV said it plans to spend €5 billion ($5.4 billion) on a manufacturing plant for chips and packaging in Catania, Italy in a multi-year project that's being partly funded by the European Union's Chips Act.

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