All EU countries back Dutch coalition for Chips Act 2.0
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All EU countries back Dutch coalition for Chips Act 2.0
"This broad support shows the urgency of the semiconductor issue. After all, semiconductors form the basis of technologies that will determine Europe's future prosperity, from artificial intelligence to critical infrastructure and defense. More than fifty established European and international semiconductor entities have already endorsed the declaration, highlighting the consensus between industry and governments. This joint approach is building momentum for the revision of the EU Chips Act, which will focus on end markets when defining the bloc's next strategic objectives."
"The signed declaration sets out five concrete priorities for the new approach. First, it aims to strengthen the semiconductor ecosystem through more intensive cooperation between industry, research, SMEs, and startups. Additionally, the investment approach needs to be adjusted. EU funding and national funds must be better aligned, approvals for strategic projects accelerated, and private capital mobilized. The third priority focuses on skills by building a robust European talent pipeline for semiconductor technologies."
All 27 EU member states signed the Semicon Coalition declaration for a revised Chips Act 2.0. Dutch Minister Vincent Karremans presented the declaration to the European Commission in Brussels. The Semicon Coalition began in March with nine initiating countries and secured full EU ministerial backing at a Brussels meeting before the EU Competitiveness Council. The declaration stresses urgency because semiconductors underpin technologies such as artificial intelligence, critical infrastructure and defense. More than fifty European and international semiconductor entities endorsed the declaration, aligning industry and governments. The declaration sets five priorities: ecosystem cooperation, aligned and accelerated investment, a skills pipeline, sustainable production, and international cooperation with strategic autonomy.
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