Euro semi firms push for ‘Chips Act 2.0’ to expand beyond manufacturing www.theregister.com/2025/03/2…

European chipmakers want local politicians to look beyond the region’s Chips Act and do more to support research and development, materials, and design, not just manufacturing.

A group of European semiconductor businesses held a roundtable event in the European Parliament this week, along with industry bodies SEMI Europe and the European Semiconductor Industry Association (ESIA).

On the agenda was the development of a broader strategy to succeed the €43 billion ($47 billion) European Chips Act finalized in 2023, dubbed by some as “Chips Act 2.0.”

“Indeed that is what the semiconductor industry in Europe is calling for, to ensure that we can complement the existing Chips Act with measures that support the industry across the entire supply chain,” Stefano Ramundo Orlando, SEMI Europe’s Manager for Advocacy and Public Policy, told The Register.

Following the roundtable, they sent a joint declaration to Henna Virkkunen, the European Commission’s Executive Vice President for Tech Sovereignty, Security and Democracy, urging a follow-up to the Chips Act with additional R&D funds and measures to attract new investment and increase European competitiveness.