EU Sets 2030 Target to Produce Cutting-Edge Semiconductors
- Officials aim to secure digital ‘sovereignty’ from U.S., Asia
- EU also wants to boost cloud, quantum computing in Europe
Photographer: Liesa Johannssen-Koppitz/Bloomberg
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The European Union is planning to produce its own advanced semiconductors by 2030, part of the bloc’s plans to reduce “high-risk dependencies” on technology companies in the U.S. and Asia.
Officials want to ensure that at least 20% of the world’s cutting-edge semiconductors by value are produced in Europe by the end of the decade, according to a draft document obtained by Bloomberg. The document, which could still change, is due to be presented next week by the European Commission, the bloc’s executive body.