Emmanuel Macron, President of France (in the center) listens to Jean-Marc Chery, STMicroelectronics CEO. Thierry Breton, EU Commissioner for Internal Market stands next to Macron. (Image: STMicroelectronics)
What’s at stake?
As shown this week when STMicroelectronics and GlobalFoundries revealed their joint 300mm fab project in Crolles, France, Europe is moving full-speed ahead with its CHIPS Act. At stake is the future not just of European chip companies, but its entire high-tech industry. We caught up with Jean-Christophe Eloy, CEO of Yole Group, to get his assessment of the E.U.’s ambitious strategy.
Few would have predicted that 27 disparate European states could unite to forge a strategy for resurrecting the region’s semiconductor industry.
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