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EU TARGETS €120B CHIP INVESTMENT TO REVIVE SEMICONDUCTOR PUSH

The European Union is launching a revamped Chips Act requiring €120 billion ($140 billion) in combined public and private investment through 2035. The initiative aims to strengthen Europe's struggling semiconductor manufacturing sector.

1 SOURCEFIRST SEEN MAY 28, 04:57 PM► READ THE ARTICLE
Bloomberg Tech+0m

The European Union is making a fresh attempt to revive its faltering semiconductor industry via a rebooted Chips Act, an…