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INTC May 2024 36.000 call

OPR - OPR Delayed price. Currency in USD
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  • Reuters

    European Commission official sees $100 billion in private chip investment by 2030

    The European Chips Act is on track to help attract more than 100 billion euros ($108.41 billion) worth of private investment to the European semiconductor industry by 2030, a European Commission official said on Wednesday. Thomas Skordas was speaking at a conference in Antwerp about the future of the initiative, which is Europe's answer to similar programmes in the United States and Japan and to China's support for its domestic computer chip makers. The European Chips Act has led to "promises for investments of the order of 100 billion euros to expand the manufacturing capacity within the EU by 2030", Skordas said.