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EIB And STMicroelectronics Seal €1B (~$1.168B) Agreement To Boost Europe's Competitiveness And Strategic Autonomy

Benzinga·12/11/2025 07:05:33
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EIB and STMicroelectronics announce €1 billion agreement to boost Europe's competitiveness and strategic autonomy

  • Credit line to strengthen Europe's semiconductor industry and support innovation, sustainability and energy efficiency in line with EU objectives
  • First €500 million tranche signed to support acceleration of R&D and high-volume chip manufacturing in Italy and France.
  • The new agreement, the ninth between EIB and ST, brings total financing to around €4.2 billion