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Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

EU preps Chips Act 2.0 to strengthen semiconductor industry after original program reportedly flopped

TSMC.

A group of European countries led by the Netherlands is setting the groundwork for the European Chips Act 2.0 after the original one failed to achieve its goal of strengthening the European semiconductor industry, reports Reuters.

The group aims to deliver concrete proposals by summer to work closely with the European Commission. The politicians indicated their work after producers of chips and chipmaking tools asked the EC to launch a follow-up for the 2023 Chips Act.

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