Broadcom (AVGO - Free Report) recently proposed an investment in a EU-funded program to create a semiconductor industry in Spain.
This is part of the EU's semiconductor strategy to boost its own chip industry and reduce reliance on U.S. and Asian suppliers, amid a global chip shortage and supply chain disruptions.
The project concerning Broadcom could cost $1 billion and would involve creating large-scale back-end semiconductors facilities that are rare in Europe. Spain plans to use up to $13 billion from the EU's pandemic relief funds to support this development.
Before Broadcom, the Spanish Government shared Cisco Systems’ (CSCO - Free Report) plans to open a new chip design centre in the northeastern city of Barcelona.
Broadcom Inc. Price and Consensus
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Broadcom (AVGO - Free Report) recently proposed an investment in a EU-funded program to create a semiconductor industry in Spain.
This is part of the EU's semiconductor strategy to boost its own chip industry and reduce reliance on U.S. and Asian suppliers, amid a global chip shortage and supply chain disruptions.
The project concerning Broadcom could cost $1 billion and would involve creating large-scale back-end semiconductors facilities that are rare in Europe. Spain plans to use up to $13 billion from the EU's pandemic relief funds to support this development.
Before Broadcom, the Spanish Government shared Cisco Systems’ (CSCO - Free Report) plans to open a new chip design centre in the northeastern city of Barcelona.
Broadcom Inc. Price and Consensus
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Get the latest research report on CSCO - FREE
Get the latest research report on AVGO - FREE
Get the latest research report on ALGM - FREE