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MEPs back Chips Act but aim to protect Horizon Europe funding

                       

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.

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