European Commission explores new semiconductor factory as part of Chips Act 2.0 strategy
By
Pieter Haeck, Tom Schmidtgen, Mathieu Pollet
Master baker tier. Every paragraph earns its place on the tray.
Summary
The European Commission, along with two R&D hubs, is exploring the establishment of a cutting-edge semiconductor factory in Europe as part of an updated chipmaking strategy called the Chips Act 2.0. This initiative aims to boost Europe's presence in the AI chip boom and reduce reliance on external chip manufacturers. The article discusses previous attempts and challenges in building a European semiconductor ecosystem, and outlines the Commission's renewed push to secure chip supply chains and technological sovereignty.
Key quotes
· 3 pulledThe proposed semiconductor factory is expected to be part of a broader push that includes an update to Brussels' landmark chipmaking strategy, an initiative known as the Chips Act 2.0.
Brussels eyes slice of AI chip boom
The Commission and two R&D hubs eye cutting-edge chips factory in Europe.
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