EU microchip strategy ‘deeply disconnected from reality’ say official auditors

Plan to supply 20% of the world’s chips by 2030 described as ‘essentially aspirational’The EU’s strategy to secure its own supply of microchips is “deeply disconnected from reality”, a damning report by the official European court of auditors (ECA) has found.The ECA found the bloc was “very unlikely” to meet its target of supplying 20% of the world’s microchips at a time when global demand for semiconductors is booming to meet the growing needs of defence, green tech and artificial intelligence. Continue reading...

EU microchip strategy ‘deeply disconnected from reality’ say official auditors

Plan to supply 20% of the world’s chips by 2030 described as ‘essentially aspirational’

The EU’s strategy to secure its own supply of microchips is “deeply disconnected from reality”, a damning report by the official European court of auditors (ECA) has found.

The ECA found the bloc was “very unlikely” to meet its target of supplying 20% of the world’s microchips at a time when global demand for semiconductors is booming to meet the growing needs of defence, green tech and artificial intelligence. Continue reading...