According to CoinMeta, Infineon will invest 1.1 billion euros in an Austrian factory with the goal of mass-producing 300-millimeter gallium nitride power semiconductors. On October 27, Infineon announced that it will establish the world's first large-scale production base for the new generation of 300-millimeter gallium nitride power semiconductors in Europe. As part of this project, Infineon plans to invest approximately 1.1 billion euros in the existing cleanroom facilities at its plant in Villach, Austria, with the aim of expanding production capacity by utilizing the existing and upgraded infrastructure. The base is scheduled to begin production by the end of 2027.