The EU sets the 2030 target to produce cutting-edge semiconductors

Photographer: Liesa Johannssen-Koppitz / Bloomberg

He The European Union plans to produce its own advanced semiconductors by 2030, part of the bloc’s plans to reduce the “high-risk dependencies” of U.S. and Asian technology companies.

Officials want to make sure at least 20 percent of the world’s cutting-edge semiconductors are produced in Europe by the end of the decade, according to a draft document obtained by Bloomberg. The document, which could still change, will have to be presented next week by the European Commission, the bloc’s executive body.

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