[Infineon Invests €1.1 Billion to Expand Power Chip Facility in Villach, Austria] According to a Bloomberg report on October 27th, Infineon Technologies AG announced it will invest €1.1 billion (approximately $1.2 billion) over eight years to expand its core power chip facility in Villach, Austria. This move aims to meet the growing demand for energy-efficient semiconductors in the AI data centers, electric vehicles, and robotics sectors. The project will upgrade existing infrastructure and utilize 300mm wafers to produce gallium nitride (GaN) power chips. The company stated in a statement released Tuesday that mass production is expected to begin at the end of 2027, with the expansion project continuing until 2034.