The EU’s strategy to secure its own supply of microchips is “deeply disconnected from reality”, a damning report by the official European court of auditors (ECA) has found.
The ECA reported that the bloc was “very unlikely” to meet its 2030 target of supplying 20% of the world’s microchips at a time when global demand for semiconductors is booming to meet the growing needs of defence, green tech and artificial intelligence.
