The European Chips Act

Monday 21st March, 2022 - Bruce Sterling

“Cybersovereignty,” now more than ever, thanks to plague and war.


Members of the College said:

Commission President Ursula von der Leyen said: “The European Chips Act will be a game changer for the global competitiveness of Europe’s single market. In the short term, it will increase our resilience to future crises, by enabling us to anticipate and avoid supply chain disruptions. And in the mid-term, it will help make Europe an industrial leader in this strategic branch. With the European Chips Act, we are putting out the investments and the strategy. But the key to our success lies in Europe’s innovators, our world-class researchers, in the people who have made our continent prosper through the decades.”

Margrethe Vestager, Executive Vice-President for a Europe Fit for the Digital Age, added: “Chips are necessary for the green and digital transition – and for the competitiveness of European industry. We should not rely on one country or one company to ensure security of supply. We must do more together – in research, innovation, design, production facilities – to ensure that Europe will be stronger as a key actor in the global value chain. It will also benefit our international partners. We will work with them to avoid future supply issues.”

Thierry Breton, Commissioner for Internal Market, elaborated: “Without chips, no digital transition, no green transition, no technological leadership. Securing the supply in the most advanced chips has become an economic and geopolitical priority. Our objectives are high: doubling our global market share by 2030 to 20%, and producing the most sophisticated and energy-efficient semiconductors in Europe. With the EU Chips Act we will strengthen our research excellence and help it move from lab to fab – from the laboratory to manufacturing. We are mobilising considerable public funding which is already attracting substantial private investment. And we are putting everything in place to secure the entire supply chain and avoid future shocks to our economy like we are seeing with the current supply shortage in chips. By investing in lead markets of the future and rebalancing global supply chains, we will allow European industry to remain competitive, generate quality jobs, and cater for growing global demand.”

Mariya Gabriel, Commissioner for Innovation, Research, Culture and Youth, complemented: “The Chips for Europe Initiative is closely linked to Horizon Europe and will rely on continuous research and innovation to develop the next generation of smaller and more energy-efficient chips. The future initiative will offer a great opportunity for our researchers, innovators, and startups to lead on the new wave of innovation that will develop deep tech solutions based on hardware. Chips development and production in Europe will benefit our economic actors in key value chains and will help us attain our ambitious objectives in construction, transport, energy and digital.”