FILE PHOTO: A view of the exterior of NXP semiconductors computer chip fabrication plant in Nijmegen, Netherlands March 14, 2024. REUTERS/Piroschka van de Wouw/File Photo
NIJMEGEN, Netherlands (Reuters) - Netherlands-based computer chip maker NXP said on Wednesday it has secured a 1 billion euro ($1.03 billion)loan from the European Investment Bank (EIB) to support research and development projects in five European countries.
The EIB, the European Union's long-term lending institution, said the loan was part of a investment programme it launched last year aimed at strengthening Europe's position in strategic technologies including microchips and artificial intelligence.
