Chips

EU chips2

EU agrees European Chip Bill – €43-billion investment planned to double region’s share of global chip production

Banca March : Negotiators from the European Parliament and the Council reached an agreement on Tuesday to approve the European Chip Act, which will aim to mobilise €43 billion of investment to double the weight of the European Union in the world production of this component. The agreement also broadens the type of facilities to be funded to include not only state-of-the-art manufacturing facilities but also those producing semiconductor manufacturing…