Policy Briefing — European Chips Act Proposal Unveiled
The European Commission proposed the European Chips Act to expand semiconductor production, establish crisis response tools, and mobilise €43 billion in investment support.
On 8 Feb 2022 the European Commission tabled the European Chips Act package, introducing a single market emergency mechanism, state-aid flexibilities, and joint undertakings to boost advanced semiconductor manufacturing in the EU.
- 8 Feb 2022 — Chips Act regulation proposed. The draft regulation sets capacity targets, critical designations, and coordinated monitoring to address semiconductor shortages.
- 8 Feb 2022 — Chips Joint Undertaking. The Commission proposed amending the existing KDT Joint Undertaking to finance pilot lines, design platforms, and skills initiatives.
- 2022 — State aid and crisis response. The communication outlined conditions for first-of-a-kind fabs, fast-track permitting, and a coordinated crisis toolbox for supply disruptions.
Zeph Tech analyses Chips Act milestones to inform supply chain diversification, subsidy applications, and risk reporting for hardware-dependent clients.