EU APPROVE €43 BILLION CHIPS ACT The European Union have approved a major €43 billion plan to help increase semiconductor manufacturing, aiming to double Europe's market share from 10% to 20% by 2030. This announcement comes over a year after the EU's outlined ambitious plans to become a leader in development and fabrication of chips. The EU have followed the US with encouraging domestic chip production, with the Biden administration dedicating $52 billion to the industry in a similar move. Source: https://bit.ly/450ocXV #Semiconductor #Manufacturing
