article thumbnail

Europe’s Chips Act to bake in up to €2BN in funding support for startups and scale-ups

TechCrunch

The Commission wants to more than double the bloc’s share of global chip production to 20% by 2030 — up from the 9% currently. We must do more together — in research, innovation, design, production facilities — to ensure that Europe will be stronger as a key actor in the global value chain.

support 68