From World-News2100@21:1/5 to All on Tue Feb 8 13:18:26 2022
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EU may struggle to fund $48 billion chip law
"The EU wants its future chip law to rival the US. EU Internal Market Commissioner Thierry Breton said EU plans would be "on par" with the $52 billion recently announced by the US to fund its own chip supply chain.
But according to people familiar with the matter, member states and
European lawmakers have growing doubts about how to make existing funds available. Commission President Ursula von der Leyen said the EU Chips
Act is expected to require an investment of €42 billion."