Europe finalizes €43B Chips Act it hopes will help free it from foreign fabs
In a Tuesday, the European Commission said it has reached a provisional agreement on the terms of the European Chips Act, which seeks to double the EU's market share in semiconductor development, manufacturing, and material supply chains from 10 to 20 percent by the end of the decade.
The European Commission will use three tactics to achieve its goals. One is the Chips for Europe Initiative which gives funding to support the large-scale build out of semiconductor manufacturing capacity in the EU. The initiative has been hotly anticipated by chipmakers as they've plotted expansions throughout Europe.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tencent Cloud says it's mass producing custom video chipsChinese tech giant claims better performance than competing GPUs
Read more »
Britain's Got Talent viewers recognise golden buzzer act Malakai Bayoh from duetMalakai performed Pie Jesu as he took to the stage on Sunday night - but he looked slightly familiar to some viewers.
Read more »
Europe’s Largest Nuclear Reactor Comes Online 14 Years Later Than Planned | OilPrice.comThe largest nuclear reactor in Europe has started regular electricity production, 14 years later than originally planned.
Read more »
BGT fans complain to Ofcom after controversial act sets himself on fireBRITAIN’S Got Talent fans called on Ofcom to step in after the TV hit broadcast footage of a man on fire during a Rubik’s Cube challenge. Simon Cowell, Amanda Holden, Bruno To…
Read more »
BGT viewers complain to Ofcom after being left 'horrified' by actBritain's Got Talent judges Simon Cowell, Amanda Holden, Bruno Tonioli and Alesha Dixon were left stunned as Amercian act Thomas Vu solved a Rubik's Cube while set on fire
Read more »