Infineon Technologies is set to open its €5 billion semiconductor factory in Dresden, Germany, with production commencing on July 2. This marks the company's largest single investment, supported by €1 billion in EU subsidies under the "chip law" initiative to boost chip production. The factory, an expansion of Infineon's Dresden campus, will focus on power chip manufacturing. Chief Operating Officer Alexander Gorski announced that the plant's output will scale with demand, potentially generating up to €5 billion in annual revenue. Infineon has already invested €2 billion in construction, with further investments planned to enhance the facility's capabilities.