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German chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, to capitalize on growing EV chips demand (Patricia Nilsson/Financial Times)

Patricia Nilsson / Financial Times:
German chipmaker Infineon plans to spend a further €5B to build more capacity in Malaysia, for a €7B total investment, to capitalize on growing EV chips demand  —  German chipmaker announces investment but pressure on existing automotive business leads to share price fall