Chips Act 2.0, Part 3: Can Europe compete? ... - eeNews Europe

Europe has the potential to compete in semiconductors, but not across all layers of the value chain. According to eeNews Europe, the more credible objective for Chips Act 2.0 is to strengthen Europe's... Read original →

Europe's strategic realignment toward niche semiconductor segments reflects a pragmatic recognition of global competitive realities. By focusing on power electronics, automotive chips, photonics, and advanced packaging, the region aims to build technological sovereignty without directly challenging Taiwan, South Korea, or the US in leading-edge logic and memory. This shift will accelerate domestic R&D and equipment capabilities, but poses compliance and cost pressures for multinational firms. Competitors may respond with increased investment or strategic alliances to maintain their lead. Over the next 12-24 months, Europe’s success hinges on capitalizing on market gaps in industrial and automotive semiconductors, potentially reshaping global supply chain dynamics.