Europe to incentivise governments to buy made-in-EU chips by startups, document shows

The European Commission wants governments to buy chips made by ‌EU startups as it seeks to reduce Europe’s ‌reliance on U.S. and East Asian products, a document seen by ​Reuters shows. Europe makes about 10% of global semiconductors. While the Chips Act focused on supply side measures, the Chips Act 2.0 will focus on the demand side, the EU document said.Read More