[Infineon to Invest €1.1 Billion to Expand Power Chip Factory 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 factory 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. In a statement released on Tuesday, Infineon said mass production is expected to begin at the end of 2027, with the expansion project continuing until 2034.