Tag: European Chips Act

Here you will find all the articles with the tag: European Chips Act.

ASM invests 300M in US without expansion plans in Europe

ASM invests 300M in US without expansion plans in Europe

ASM (formerly ASMI) has big plans for a new research campus in Phoenix, Arizona. With the help of US investment, it wants to grow to employ 1,200 in its new campus, a significant increase from the current number of staff at 800. The investment of around 300 million euros was announced in the pre... Read more

date3 months ago
Chip companies try to secure money from the European Chips Act

Chip companies try to secure money from the European Chips Act

Major European chipmakers specializing in photonic chip production are asking for about 4 billion euros in subsidies. Only in this way would Europe be able to compete with the chip offerings of Asia and America, a position that the EU is hugely keen on. Chipmakers in the region at least seem to bel... Read more

date4 months ago
European Chips Act is now in force: what does it mean?

European Chips Act is now in force: what does it mean?

In April, the European Chips Act was finally approved. An investment of 43 billion euros should make the continent more competitive in its chip production. As of Sept. 21, the legislation is officially in force. What does it entail? The Chips Act should double the EU's market share regarding chi... Read more

date5 months ago
European Parliament ratifies law to support chip sector

European Parliament ratifies law to support chip sector

The European Parliament voted yesterday to introduce the European Chips Act. The Council of the European Union will be the last party to comment on the Act. Yesterday, the European Parliament gave its support to the European Chips Act. 587 members voted in favor, 10 voted against and 38 abstain... Read more

date8 months ago
These are the plans for European chip production

These are the plans for European chip production

A series of tech companies have decided to place part of their chip production within the European Union. While Europe has long housed mostly mature manufacturing processes, it is trying to lure tech giants while the bloc is in competition with the U.S. and Asia. The European Chips Act boasts a €... Read more

date8 months ago
Intel to invest 4.2 billion euros into Polish facility

Intel to invest 4.2 billion euros into Polish facility

Intel continues to expand its European plans. Today it announced plans to use $4.6 billion (4.2 billion euros) to build a new facility in Poland. The new complex in Wrocław is to house the construction and testing capabilities of Intel's chips, Reuters reports. It would create thousands of new ... Read more

date9 months ago
EU approves billions for microelectronics and communications tech

EU approves billions for microelectronics and communications tech

The European Commission (EC) has approved a public-private project to develop microelectronics and communications applications. The project is part of the European Chips Act. The approved Important Project of Common European Interest (IPCEI) ME/CT project is an initiative of 14 European member s... Read more

date9 months ago
European Chips Act gets green light, but is it too late?

European Chips Act gets green light, but is it too late?

The European Union is going to invest 43 billion euros in the production of computer chips. The so-called Chips Act is meant to ensure that the EU can secure a 20 percent market share. Can Europe compete with its global competitors? The three aims of the Chips Act are as follows: to build compet... Read more

date11 months ago
TSMC wants to profit from the European Chips Act

TSMC wants to profit from the European Chips Act

The Taiwanese chip making giant wants to take advantage of the EU's recent European Chips Act. This week Reuters reported that talks between the Taiwanese Semiconductor Manufacturing Company (TSMC) and the German state of Saxony about building a new factory are at "an advanced stage", but are no... Read more

date12 months ago
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