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‘Chips Joint Undertaking’ launched

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Published: December 4th, 2023,
Last updated: May 28th, 2025

August 1, 2023 Laboratory technician holds a powerful processor in his hands CPU computer processor shallow focus CPU socket of the computer s motherboard Concept of computer, motherboard, hardware and technology. Chip
Semiconductors are needed in all sectors. That is why the EU wants to promote chip development and production in Europe.

On December 1st, the EU Commission founded the Chips Joint Undertaking. The aim is to strengthen the European semiconductor ecosystem. To this end, the Chips Joint Undertaking (JU) will set up pilot lines. The Commission is accepting proposals for pilot lines until early March. According to the Commission, EU funds amounting to €1.67 billion are available for this purpose.

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