European Lawmakers Call for Swift Action on Chips Act 2.0

Reported 1 day ago

Members of the European Parliament are urging the European Commission to quickly implement a new support program for the semiconductor industry, focusing on investment in AI chips and closing technological gaps. They criticize the slow progress of the original Chips Act and emphasize the need for Europe to be an attractive location for R&D and production amid rising geopolitical tensions. The lawmakers' appeal aligns with concerns raised by the chip industry, highlighting the urgency to address shortcomings and defend European interests against global competition.

Source: YAHOO

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