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Infineon Launches €5 Billion Chip Facility in Dresden
Infineon opened its €5 billion ($5.7 billion) Smart Power Fab in Dresden on July 2, 2026, three months early. The EU-supported factory will make power-management chips for electric vehicles, renewable energy and AI data centres while advancing Europe's target of doubling its global semiconductor share to 20 percent by 2030. Construction began in May 2023.
BMW unveils electric iX5 with 845 km range
BMW has launched the iX5, its first electric X5 that shares a multi-energy platform with gasoline, diesel, plug-in hybrid and hydrogen variants while promising 845 km range and a 23-minute recharge. The large SUV adopts Neue Klasse styling, panoramic screens and premium interior materials on dimensions of 4.99 m long.
IBM reveals nanostack transistor design targeting sub-1nm performance
IBM has detailed a nanostack transistor architecture it calls the world’s first sub-1 nanometer chip technology, enabling nearly 100 billion transistors on a fingernail-sized die. The approach is projected to yield 50 percent higher performance or 70 percent better energy efficiency than the prior 2nm generation while delivering a 40 percent SRAM scaling gain for AI workloads.
Qualcomm launches Dragonfly C1000 CPU for data centers with Meta as key client
Qualcomm introduced its Dragonfly C1000 data center CPU engineered for agentic AI on Wednesday and confirmed Meta as a customer once production begins in 2028. The announcement underscores the mobile-centric chipmaker's drive into higher-growth data center segments where energy efficiency has become a decisive factor amid surging AI-agent workloads.
Google invests $1.5B to expand Alabama data center
Google is spending $1.5 billion to expand its Jackson County, Alabama data center from 2026 to 2027 while fully funding energy infrastructure to protect local rates. The site will eventually draw nuclear power under a 2025 agreement, accompanied by millions in community grants for efficiency, education, and workforce programs.
New York Passes One-Year Moratorium on New Large Data Centers
New York lawmakers approved a one-year moratorium on new large data centers, the first such statewide measure if signed by Governor Hochul. The pause aims to study environmental and energy impacts amid growing AI-driven demand.
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A BMW-backed student EV packs 1,700 solar cells and finishes a typical urban commute with more charge than it started. Deep Orange 17 is designed to generate surplus energy from daily driving.