All the member nations of the EU have signed on to a Dutch-led coalition that wants to encourage additional investment in semiconductor manufacturing in the EU. This revision of the data-analytics-id=”inline-link” href=”https://www.tomshardware.com/news/eu-proceeds-with-47-billion-european-chips-act” data-before-rewrite-localise=”https://www.tomshardware.com/news/eu-proceeds-with-47-billion-european-chips-act”>2022 European Chips Act would see the EU pivot its plan to take over global production and instead target specific weaknesses in the EU’s semiconductor strategies, data-analytics-id=”inline-link” href=”https://www.reuters.com/en/eu-states-rally-around-dutch-chips-coalition-bid-chips-act-20-2025-09-29/” target=”_blank” data-url=”https://www.reuters.com/en/eu-states-rally-around-dutch-chips-coalition-bid-chips-act-20-2025-09-29/” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none”>as per Reuters.
The EU’s Chips Act budgeted 43 billion euros ($50.4 billion) in semiconductor manufacturing, chip design, and better supply chain monitoring that…
