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European Commission Presents Chips Act 2.0 

Updated framework underscores the importance of industry-government collaboration to strengthen Europe’s competitiveness.

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By: Rachel Klemovitch

Assistant Editor

The European Commission presented the new European Chips Act 2.0, marking a major step forward in Europe’s ambition to strengthen its semiconductor competitiveness, resilience and technological sovereignty. 

Following the announcement, officials presented the new policy at the SEMI Europe Policy Forum in Brussels. This is a high-level gathering hosted by SEMI Europe, bringing together leading semiconductor industry representatives, policymakers, and key stakeholders from national governments.

SEMI Europe welcomes the revised framework as an important signal of the European Union’s continued commitment to supporting the semiconductor industry and securing Europe’s position in the global technology landscape. 

Building on the foundation established by the first European Chips Act, the updated framework aims to reinforce the entire semiconductor value chain and address the structural challenges that could impact Europe’s long-term competitiveness.

Coinciding with the Chips Act 2.0 publication, the Policy Forum once again demonstrates SEMI Europe’s role as a leading platform for dialogue between industry and policymakers at a critical moment for Europe’s semiconductor ambitions.

The updated Chips Act 2.0 framework reflects several priorities consistently advocated by SEMI and the broader industry, reinforcing Europe’s commitment to innovation, manufacturing and long-term competitiveness across the semiconductor ecosystem.

“We welcome the Chips Act 2.0’s ambition to expand the ‘first-of-a-kind’ concept, accelerate the industrial uptake of R&D, streamline permitting procedures, and stimulate demand across the semiconductor value chain,” said Laith Altimime, President of SEMI Europe. “These are critical measures to strengthen Europe’s semiconductor ecosystem, enhance technological sovereignty, and build a more resilient and globally competitive European supply chain.”

“Semiconductors are a global industry, and SEMI remains committed to facilitating international collaboration essential to strengthening resilient and competitive supply chains,” said Ajit Manocha, President and CEO of SEMI. “We applaud government collaborations with industry such as the European Chips Act 2.0 and investments that build on regional strengths to accelerate innovation.”

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