Research committee members seek agreement on dedicated microchip funding from Commission and Council
The European Parliament research committee has backed plans for a new scheme to boost the EU’s production of microchips, but has sought to ensure that funding for it from the bloc’s Horizon Europe R&D programme does not come at the expense of other priorities.
Proposed by the European Commission just under a year ago, the EU Chips Act seeks to strengthen microchip research and manufacturing, using more than €40 billion in public and private investment. Within this the Commission proposed using €1.65bn from Horizon Europe, a suggestion that has proved controversial with the research sector.