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flag NXP Semiconductors gets €1 billion loan to boost tech R&D, aiding Europe's semiconductor industry.

flag NXP Semiconductors received a €1 billion loan from the European Investment Bank to support its research and development projects in Europe. flag The funds will accelerate NXP's innovation in automotive, industrial, and IoT sectors, aligning with the EIB's "Strategic Tech-EU" program and the EU Chips Act. flag The loan aims to boost Europe's semiconductor industry and ensure a competitive supply chain.

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