More Draghi, More Competitiveness in the Chips Act 2.0

Europe must systematically build on its strengths in microelectronics and mobilise new investment. ZVEI backs the strategic realignment of the European Chips Act 2.0 – while calling for an even stronger focus on competitiveness, industrial scaling and market demand.

Why is the Chips Act 2.0 so important for Europe?

Semiconductors are the foundation of digitalisation, artificial intelligence and a competitive industrial base. The Chips Act 2.0 can strengthen Europe’s resilience, reduce dependencies and advance technological sovereignty.

Which approaches does ZVEI view positively?

ZVEI backs the more proactive industrial-policy approach and the combination of supply- and demand-side measures. The key is to bring innovations into industrial application faster and make investment in Europe more attractive.

Where does ZVEI see a need for improvement?

Economic viability, scalability, investment attractiveness and genuine market opportunities must become guiding principles of European semiconductor policy. Industry and investors should also be systematically involved in its governance and implementation.

What is the goal now?

Europe needs globally competitive industrial champions and a clear focus on the technology fields in which it is already strong. This is how the Chips Act 2.0 can become an effective instrument for growth, innovation and global technology leadership.

ZVEI’s position on the draft Chips Act 2.0 is available for download here.

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