This is THE big announcement from Choose France.
Monday, July 11 in the morning, STMicroelectronics, the Franco-Italian semiconductor manufacturer, and Global Foundries, the American foundry (manufacturer of chips on behalf of third parties), will according to our information announce the creation of a semiconductor factory. drivers in France for an investment close to 4 billion euros.
President Emmanuel Macron is expected to travel to Grenoble on Tuesday for this announcement.
This investment is highly strategic.
It is in line with the European Chips Act, wanted by Commissioner Thierry Breton, which will strengthen Europe's sovereignty in the manufacture of the chips necessary for the industry of the Old Continent.
For this, Europe is ready to devote 50 billion euros by 2030 with the aim of being able to manufacture at least 20% of the world's capacity for latest generation semiconductors.
Today, the overwhelming majority of chip production…
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