The European Union is determined to increase its commitment to chip manufacturing. The EU intends to invest 43 billion euros to make this achievable.
European Commission Kick-Starts Alliances for Industrial Cloud and Semiconductors
The European Commission has kick-started two new Industrial Alliances last week: the Alliance for Processors and Semiconductor technologies, and the European Alliance for Industrial Data, Edge and Cloud. The alliances are intended to bring together businesses, Member State representatives, academia, users, as well as research and technology organizations.