Speculation has centered on the possibility that TSMC would site a new facility near Dresden, the hub of Europe's largest semiconductor cluster. Infineon and Bosch both have plants in Dresden. All three have declined to comment on potential cooperation with TSMC, which comes as EU industry czar Thierry Breton is pushing for multi-billion-dollar investments to double Europe's share of global chip production over the next decade. Ploss, asked about a push by Intel CEO Pat Gelsinger to win EU aid for a leading-edge plant in Europe, said the U.S. chip maker didn't have a close technological fit with Infineon. By contrast, TSMC did. "The technology that TSMC produces is closer to ours," he said in response to a reporter's questions. Infineon earlier reported results for the fiscal third quarter that showed tight capacity constraints weighing on sales growth.