By 2030 we will double our current market share of chips to 20%.
Together with EU countries, we will mobilise more than €43 billion of public and private investments to prepare, anticipate, and swiftly respond to the current and future supply chains disruptions.
✔️the Chips for Europe Initiative
✔️a new framework to ensure the security of supply
✔️a coordination mechanism at the EU level
✔️a joint crisis assessment and coordinated responses
The #EUChipsAct will help us achieve the 2030 Digital Decade target - empowering businesses and people in a human-centred, sustainable and more prosperous digital future.
These new measures will make Europe a major global player in the semiconductors ecosystem.
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What if the next big AI breakthrough came from Europe?
Today we announced an ambitious AI Continent Action Plan to make this happen ↓
Our plan includes:
🏭 13 AI Factories to drive innovation, connecting universities, startups, industry, and policymakers. These hubs will bring together top talent, high-quality data, and powerful computing.
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🚀 The EU will also set up AI Gigafactories with 100,000 state-of-the-art AI chips – four times more than current AI factories.
📊 Data Labs will curate large, high-quality data.
🎯 We are launching the Apply AI Strategy to boost industrial use in EU sectors.
We want technologies and products to be created, manufactured and marketed in Europe.
And we must act now.
Our new Competitiveness Compass is the plan for Europe’s productivity and growth. ↓🧵
#madeinEurope
In the next five years, we’ll work on aligning all European, national and local efforts to supercharge sustainable prosperity and growth.
First, we will drive productivity through innovation.
How?
✅ Supporting start-ups and conditions for scaling up
✅ Building a deeper, more efficient venture capital market
✅ Easing talent mobility and retention
✅ Investing in state-of-the-art infrastructure
✅ Boosting research & innovation