Chips Without Crunch
- Moses Zaree
- Nov 29, 2024
- 1 min read

The European Chips Act, launched amidst the pandemic, initially sought to guarantee chip supply for critical industries like automotive and healthcare. Over time, it evolved into a broader vision of competing with global players like Taiwan’s TSMC and South Korea’s Samsung. However, the ambition to lead in advanced chip nodes such as 3-4nm collided with the hard truths of industry realities: Europe lacks the infrastructure, funding capacity, and R&D ecosystem to achieve full autonomy in cutting-edge chips.
A recalibration of goals is now underway, with a renewed focus on Europe’s existing strengths in legacy chip nodes (e.g., 28nm) and foundational technologies like sensors, microcontrollers, and power semiconductors. These technologies are critical for Europe’s automotive and industrial sectors, areas where the continent remains globally competitive.
Chips Without Crunch
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