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European Chips Act

Latest European Chips Act news

1 article

Illustrative image: a silicon wafer with circuits on a workbench, with a blurred background

Economy

Brussels allocates 525 million to chip design to reduce dependency

The European Commission will allocate 525 million to chip design, with 440 million in grants for startups. European companies account for less than 1% of sector revenue.

Álvaro Sáez Ferrer · 8 November 2026