Chip giant AMD has unveiled plans to build a $2.5bn microprocessor manufacturing factory in Dresden, Germany.
The expanded facilities will enable the firm to double its processor yield from each silicon wafer by moving from 200mm to 300mm fabrication processes.
AMD quoted strong sales against its rival Intel as the reason for the expansion. Chief executive Hector Ruiz said that the move was prompted by "rising global demand for AMD products".
"These strategic investments highlight how significant Germany and Europe are to the future of AMD competitiveness," he said.
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