Chips Act
EU Council grants final approval to ‘Chips Act’ – Boosting Europe’s semiconductor ecosystem
July 27, 2023
EU Council greenlights transformative ‘Chips Act,’ paving the way for Europe to lead the global semiconductor race.
EU to double semiconductor market share by 2030 with ‘Chips Act’
April 19, 2023
The EU has agreed on the ‘Chips Act’ regulation to double its global market share in semiconductors by 2030. The act aims to support large-scale capacity building, ensure supply security and resilience, and mobilise €43 billion ($47 billion) in investments, including €3.3 billion ($3.6 billion) from the EU budget.
