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Headlines

Semiconductor firms call for EU Chips Act 2.0

Published by Global Banking & Finance Review

Posted on March 19, 2025

1 min read

· Last updated: March 19, 2025

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Semiconductor Industry Calls for EU Chips Act 2.0

AMSTERDAM (Reuters) - Computer chip makers and semiconductor supply chain firms on Wednesday called on the European Commission to launch a new support program as a follow up to the 2023 Chips Act, this time focusing on chip design, materials and equipment, in addition to manufacturing.

Following a meeting with top sector firms and European lawmakers in Brussels, industry groups ESIA, representing chipmakers, and SEMI Europe, representing the broader industry, said they would send their plea for a 'Chips Act 2.0' to Commission digital chief Henna Virkkunen.

(Reporting by Toby Sterling)

Key Takeaways

  • Semiconductor firms request EU Chips Act 2.0.
  • Focus on chip design, materials, and equipment.
  • Industry groups ESIA and SEMI Europe involved.
  • Meeting held with European lawmakers in Brussels.
  • Appeal directed to Commission digital chief Henna Virkkunen.

Frequently Asked Questions

What is the main topic?
The main topic is the call for a new EU Chips Act 2.0 by semiconductor firms to focus on chip design, materials, and equipment.
Why are semiconductor firms calling for a new Chips Act?
They seek additional support for chip design, materials, and equipment beyond manufacturing, following the 2023 Chips Act.
Who are the key organizations involved?
Key organizations include ESIA, representing chipmakers, and SEMI Europe, representing the broader semiconductor industry.

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