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Windows Central
Windows Central
Technology
Kevin Okemwa

European Union approves €43 billion Chips Act to boost semiconductor production

Intel CPU with motherboard socket

What you need to know

  • The European Union has passed the €43 billion Chips Act.
  • It is designed to enhance the production of semiconductors in the region.
  • The EU hopes to reduce the overdependence on foreign regions to develop semiconductor chips.
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