He fails to mention EU chips actSure, but his figures for the EU lagging behind China and the US in the hunt to secure semi-conductors is alarming
EU is way ahead of U.K. on semiconductor investment.
EU may be lagging behind but it’s made plans to address that:
The Chips Act will boost the European ecosystem for semiconductors and play a vital part in strengthening the EU's competitiveness at the global level," the bloc's Swedish presidency announced.
Under the agreement, the EU aims to double its current global market share to 20 percent in 2030 and mobilise more than €43 billion in public and private investments to feed Europe's growing appetite for chips.
EU strikes €43 billion deal to boost semiconductor chip production
The EU has reached an agreement on how to boost the supply of semiconductors in Europe as the bloc races to reduce its dependency on Asian suppliers.
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