Signal The European Chips Act is cited as the EU's parallel industrial policy instrument

Summary

Alongside the US programme, NTT DATA cites the European Chips Act as the European Union's counterpart measure. The EU launched the act to expand semiconductor production capacity and related research and development in its member states. It works through public funding incentives combined with regulatory support. The report presents it as part of the EU's industrial policy rather than as a stand-alone programme. It appears among the adoption signals for sovereign silicon ecosystems, which also name defence, telecoms, automotive and industrial automation as the sectors with the greatest need for trusted computing. Together with the US law, it shows major economies competing to anchor chip capacity at home.