US power chip maker Wolfspeed Inc is planning to build a factory in the small southwest German state of Saarland, that costs more than $2.17 billion.
The factory would make chips for electric vehicles and other applications.
The German auto supplier ZF Friedrichshafen AG will hold a minority stake.
The factory, which would create hundreds of jobs in Saarland state, should start production in four years.


C3.ai in Merger Talks With Automation Anywhere as AI Software Industry Sees Consolidation
Dollar Struggles as Policy Uncertainty Weighs on Markets Despite Official Support
U.S. Dollar Slides for Second Week as Tariff Threats and Iran Tensions Shake Markets
NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations
Elon Musk’s SpaceX Explores Merger Options With Tesla or xAI, Reports Say
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster
UK Housing Market Gains Momentum in Early 2026 as Mortgage Rates Fall
Tesla Q4 Earnings Beat Expectations as Company Accelerates Shift Toward AI and Robotics
Trump to Announce New Federal Reserve Chair Pick as Powell Replacement Looms
Apple Forecasts Strong Revenue Growth as iPhone Demand Surges in China and India
Alibaba-Backed Moonshot AI Unveils Kimi K2.5 to Challenge China’s AI Rivals
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook
Rewardy Wallet and 1inch Collaborate to Simplify Multi-Chain DeFi Swaps with Native Token Gas Payments
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision 



