Policy Briefing — European Commission presents Chips Act package
On 8 February 2022 the Commission unveiled the proposed EU Chips Act, combining funding, state aid flexibility, and emergency tools to boost semiconductor capacity and supply resilience in Europe.
The European Commission presented the EU Chips Act package on 8 February 2022, proposing €43 billion in public-private investment, streamlined permitting, and a new emergency toolbox to address supply disruptions. The draft regulation seeks to attract advanced fabs, strengthen R&D through pilot lines, and create a semiconductor ecosystem that reduces strategic dependencies.
Semiconductor customers and cloud providers should track the state aid provisions, priority-rated order powers, and criteria for activating crisis measures to anticipate how EU capacity programs and intervention rights could affect supply agreements and diversification plans.
- Commission press release summarizes funding pillars, state aid flexibilities, and the proposed emergency mechanism.
- Chips Act overview outlines objectives across capacity building, security of supply, and monitoring.
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