Although, after nearly three years of implementation, the European Chips Act has
proven to be a useful tool for boosting the European semiconductor sector, many
objectives linked to a genuine European microchip strategy remain unmet. Through
close collaboration between the industry and the European Commission, the
proposed approval of a European Chips Act 2.0 is generating enormous interest
among the main players in the sector. The possibility of designing a new legal and
financial framework for the microchip sector opens up significant opportunities, but
also risks repeating some of the mistakes of previous initiatives in this field.