Chips: investments in Europe now reach 100 billion euros

2023-08-11 05:08:20

Yes, the “Chips Act” is paying off. Yes, the European Union has shown that it could regain autonomy in the crucial semiconductor sector vis-à-vis Asia and the United States. At least that’s what Thursday morning argued, at the microphone of RTL, the European Commissioner for the Internal Market, Thierry Breton.

To prove it, the French commissioner took out his calculator: according to him, “more than 100 billion investments” in the production of chips are now planned on European territory. “This is the culmination of all the industrial strategy that I have been leading for four years”, welcomed the leader, who made the “Chips Act” a priority of his mandate.

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