
EIB and STMicroelectronics announce €1 billion agreement to boost Europe’s competitiveness and strategic autonomy | STM Stock News

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EIB and STMicroelectronics have signed a €1 billion agreement to enhance Europe's semiconductor industry, focusing on innovation, sustainability, and energy efficiency. The first €500 million tranche will support R&D and high-volume chip manufacturing in Italy and France. This marks the ninth collaboration between EIB and ST, totaling €4.2 billion in financing. The agreement aims to strengthen Europe's technological sovereignty and create high-skilled jobs, aligning with EU climate and digital goals.
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