semiconductor financing
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EIB and STMicroelectronics Sign €1 B Deal to Boost Europe’s Competitiveness and Strategic Autonomy
STMicroelectronics and the European Investment Bank have signed a €500 million first tranche of a €1 billion credit line to fund R&D and high‑volume chip production in Italy and France. Sixty percent of the financing will bolster manufacturing sites at Catania, Agrate and Crolles, while the remaining 40 % supports research, particularly silicon‑carbide and mixed‑signal technologies. This deal marks the ninth EIB operation with STM, bringing cumulative EIB support to roughly €4.2 billion and reinforcing Europe’s semiconductor competitiveness.
