Europe sets sights on global semiconductor domination

pcgamer.com:

With the global chip shortage still hitting hard, countries around the world are upping the ante when it comes to chip production. New fabrication sites are setting up all over the world from companies like Intel, which has recently started setting up its new Irish production factory, and seems to be looking at Malaysia next. Governments like the United States of America are also investing billions into easing the current shortage with new Acts. Now we are seeing Europe with an official Act of its own to help with the global semiconductor demand.

The European Union has announced and detailed some of the EU Chips Act, describing it as “Europe's plan to regain global leadership in semiconductors”. Up until sometime in the 80’s Europe had a fairly strong semiconductor industry, with companies like Siemens and Phillips but has since fallen behind. With technology ever moving forward, and in light of the current shortage, it makes sense that Europe is joining many other governments and corporations in the race for semiconductor dominance. 

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The European Chips Act will see €11 billion invested into efforts to “finance strategic infrastructure” for chip creation. The intention is to allow for newer chips to reach industrialization by having processes in place to accelerate all stages of manufacturing from design to production. These are said to be accessible to companies big and small, European and international. This could be a big help to smaller companies looking to get started, and may mean we see some interesting innovations coming out of the EU when it comes to