Recently, relevant media reports said that foundry giant GlobalFoundries and STMicroelectronics are considering cooperating to build a semiconductor wafer factory under the subsidy of the French government.

The report pointed out that if the two chip companies GF and STMicroelectronics reach an agreement, it will become another fab created under the EU chip law. However, the source said that at present, GF and STMicroelectronics have not yet made a final decision, and the size of the new plant is not clear.

It is worth mentioning that foreign media recently reported that the German government will provide 6.8 billion euros of funds for Intel’s planned two new chip manufacturing bases in Magdeburg by 2024.

According to reports, Intel plans to invest 17 billion euros to build a chip factory in Magdeburg, the capital of Saxony-Anhalt, Germany. The new factory is called "Silicon Junction". Construction is scheduled to begin next year, with the first chips to be produced in 2027.

In addition, Intel also plans to invest in France, Italy, Ireland and other countries, and these new investment plans are also expected to receive corresponding financial subsidies in accordance with the EU "Chip Act" in the future.

Ursula von der Leyen, President of the European Commission, has said that the EU is currently too dependent on overseas suppliers and has not yet made the most advanced chips.

In order to increase the EU's share of global chip production, in February this year, the EU announced the much-watched "Chip Act", which plans to invest 43 billion euros in a new generation of chip factories to support the development of chip design, manufacturing, and packaging and testing. , manufacturing is the focus.

The EU's "Chip Act" aims to increase the EU's chip production capacity from the current 10% of the world's total to 20% by 2030.