EU Commission proposes Chips Act to confront semiconductor shortages

[WYP]

It looks like the EU's planning to invest €43 billion to strengthen the EU's Semiconductor supply chain.



Read more about the EU's proposed chips act.

 

[NeverBackDown]

Good. EU and USA need to become more independent. It's just smart for everybody. Wish the US was doing more though.

 

[Dicehunter]

I'll believe it when I see it, I've learned to generally never trust anything until it's infront of you as all too often it's all lip service.

 

[Warchild]

Not to be "that" guy, but 45billion could be invested elsewhere into making life better for those desperate for it, not providing our luxuries. Some silicon is essential but there are much more priorities than that.

 

[AlienALX]

Good. EU and USA need to become more independent. It's just smart for everybody. Wish the US was doing more though.

Aren't they currently building new TSMC plants and an Intel one?

 

[NeverBackDown]

Aren't they currently building new TSMC plants and an Intel one?

Incentives for corporations instead of building the infastructure US needs to become 100 self reliant. It's just allowing Intel and TSMC free factories so they can still sell their microprocessors globally except to China. US needs more US only fabs, just like the EU is doing EU only fabs to prevent more worldwide economic slowdowns as the internal capacity is available.