The EU is crafting a Chips Act, similar in size to the US' $52B chip fund proposal, to attract investment for mega fabs; a proposal will be published on Feb. 8 (Jillian Deutsch/Bloomberg)




Jillian Deutsch / Bloomberg:

The EU is crafting a Chips Act, similar in size to the US’ $52B chip fund proposal, to attract investment for mega fabs; a proposal will be published on Feb. 8  —  The European Union is gearing up to put potentially billions of euros in state aid toward massive, cutting-edge semiconductor production sites — with strings attached.



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