Europe vows it won't let US and Asia treat it as a source of museum-grade chip tech
Europe is not throwing billions at its semiconductor industry to end up as a source of important-but-dull silicon, EU Commissioner Thierry Breton said during his keynote at the Interuniversity Microelectronics Centre's annual forum in Antwerp, Belgium, this week.
"Europe cannot and will not be considered as a mere observer in any 'underground technological battle' between blocks," he added."I want a Europe that knows how to lead in semiconductors."its €43 billion Chips Act, which provides subsidies and tax incentives for chipmakers setting up shop in the EU's 27 member nations.
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