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31 May 2024

STMicro announces plans to spend €5B on a chips manufacturing plant in Catania, Italy with the government providing €2B in subsidies under European Chips Act (Jillian Deutsch/Bloomberg)

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STMicro announces plans to spend €5B on a chips manufacturing plant in Catania, Italy with the government providing €2B in subsidies under European Chips Act (Jillian Deutsch/Bloomberg)