
STMicroelectronics Secures €500 Million EIB Loan to Boost European Chip Manufacturing

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STMicroelectronics NV has secured a €500 million loan from the European Investment Bank to enhance chip manufacturing in Europe. This is part of a €1 billion credit line, with funds allocated to manufacturing and R&D in Italy and France. The agreement aims to strengthen Europe's semiconductor industry competitiveness and technological leadership.
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