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Open original source ↗Today, $XFAB (1.23B MC) receives €127.4 million from CHIPS ACT for their MEMS Foundry.
"The «Fab4Micro» in Erfurt is a key project for the technological sovereignty of Germany and Europe, explained Thuringia’s head of government."
The production start is planned in 2028 (finanzen).
With Europe's new CHIPS ACT 2 as a concurrent fundamental tailwind.
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These are the quoted author’s words.
X-Fab ontvangt €127 miljoen Chips Act-steun voor uitbreiding v MEMS en fotonica productie in Erfurt = ruim 10% van de beurswaarde $XFAB
elvermo ↗