AMD to Invest $2.5 Billion in Dresden, Germany Facility

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Advanced Micro Devices announced today that they will would invest $2.5 billion to expand its two chip-building facilities in Dresden, Germany. This is good news for AMD and Germany!

AMD said Monday it intends to complete a “major transformation” of its existing Fab 30, enabling the facility to make 300 millimeter wafers capable of holding twice as many processors as the 200 millimeter wafers the plant currently makes. AMD plans to rename the facility Fab 38. The company will also expand 300 millimeter chip production at its existing Fab 36. It plans to complete the projects over the next three years.

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