Christopher Cytera News Today

EU member states reached a provisional agreement on Tuesday for a EUR43 billion plan to bolster domestic production of semiconductor chips -- essential componen

Geopolitics is reshaping the microchips supply chain. Industry says it could turn ugly.

It is crunch time for chips in Europe, as a final deal was reached on April 18 on the continent’s Chips Act - the key will be how the billions of subsidies will be spent, writes Christopher Cytera.

The European Union agreed to a chip subsidies plan worth 43 billion euros ($47 billion) aimed at attracting top chipmakers to build factories

EU member states reached an agreement on Tuesday for a €43 billion plan to bolster domestic production of semiconductor chips.

BRUSSELS/STOCKHOLM : The European Union agreed a 43-billion-euro ($47 billion) chip subsidies plan on Tuesday but the relatively modest budget, lack of a domestic market for cutting-edge chips and red tape could hamper efforts to catch up with the United States and Asia.The size of subsidies under the EU

The European Union agreed a 43-billion-euro chip subsidies plan on Tuesday but the relatively modest budget, lack of a domestic market for cutting-edge chips and red tape could hamper efforts to... | April 18, 2023

The European Union agreed a 43-billion-euro ($47 billion) chip subsidies plan on Tuesday but the relatively modest budget, lack of a domestic market for cutting-edge chips and red tape could hamper

The EU Chips Act aims to tempt top chipmakers to manufacture in the region, but modest budget could impede attempts to catch up with the markets US and Asia.