Explore the Challenge
The Chip Shortage Was a Wake-up Call
“We want to do our part in helping build back the European semiconductor industry.”
― Pat Gelsinger, Intel CEO
Europe’s Semiconductor Manufacturing Problem
Europe’s position in global semiconductor manufacturing has been gradually declining since the 1990s, decreasing to less than 9% today, with over 75% of semiconductor manufacturing capacity concentrated in Asia. (Source: Kearney Report)
In its "2030 Digital Compass" communication, the European Commission noted that "microprocessors are at the start of most of the key, strategic value chains such as connected cars, phones, Internet of Things, high-performance computers, edge computers, and Artificial Intelligence. While Europe designs and manufactures high-end chips, there are important gaps, notably in state-of-the-art fabrication technologies and in chip design, exposing Europe to a number of vulnerabilities." (Source: 2030 Digital Compass) These vulnerabilities include risks to the dependability, security, and resilience of semiconductor supply chains.
“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.”
– Thierry Breton, EU Commissioner for Industry and Internal Market, announcing the EU Chips Act
Our Shared Opportunity
“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.”
― Ursula Von Der Leyen, European Commission President, announcing the EU Chips Act
Watch the video to learn more.