Overview

• The proposed facility will produce low-power ferroelectric memory chips to strengthen European supply chains and reduce reliance on overseas suppliers.
• A formal intent declaration with the Government of Saxony-Anhalt is slated as the next step in project development.
• FMC has opened talks with the German federal government and the European Commission to secure financing under national investment schemes and the EU Chips Act.
• The initiative follows Intel’s suspension of its 400-hectare fab plans in 2024, positioning FMC as a Plan B for regional semiconductor ambitions.
• Founded in 2016 out of TU Dresden, FMC counts Bosch, Air Liquide and Merck among its backers and targets energy-efficient chips for AI data centers.