AMD and Infineon invest in nanotech

Advanced Micro Devices and Infineon Technologies, which already have chip plants in Dresden, plan to invest 170 million Euros over the next five years in a center for nanotechnology research there.

The companies signed a memorandum of understanding on the investment, the equivalent of $205 million, at a news conference in Dresden on Monday. The state of Saxony and the federal education ministry will contribute E80 million to the project.

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