In response to the recent global chips shortage, the European Commission has proposed a new European Chips Act, a set of measures aimed at strengthening the EU’s semiconductor ecosystem and boosting Europe’s technological sovereignty, competitiveness, and resilience.
In particular, it will address five strategic objectives:
• Strengthening research and technological leadership;
• Building and reinforcing Europe’s capacity to innovate in the design, manufacturing and packaging of advanced chips;
• Putting in place an adequate framework to increase production by 2030;
• Addressing the skills shortage and attracting new talent;
• Developing an in-depth understanding of global semiconductor supply chains.
Following the EU Commission's proposal, the European Chips Act will be sent for the approval of the European Parliament and the Member States.
Read the press release
