The Chips Act regulation was given the green light by the European Parliament on Tuesday 11 July. MEPs approved the provisional agreement reached with the EU Council in April (see EUROPE 13164/3) by 587 votes in favour, 10 against and 38 abstentions.
The European Parliament’s rapporteur for the text, Dan Nica (S&D, Romanian), and the European Commissioner for Internal Market, Thierry Breton, praised the rapid work that had gone into reaching an agreement.
“We are sending out a clear signal with the Chips Act: Europe is ready to face the challenges of the future”, said Dan Nica. He added that the EU hoped to generate more than 100 billion in private and public investment in the semi-conductor sector.
The Chips Act already provides for €3.3 billion of European funding to be invested in semiconductor research and innovation.
However, some Greens/EFA and EPP members regretted that the Chips Act does not provide more European funding. Compared with the US, Chinese and South Korean programmes, the funding proposed by the EU is not up to scratch, according to David Cormand (Greens/EFA, French).
To see the text adopted: https://aeur.eu/f/805 (Original version in French by Léa Marchal with the editorial staff)