The European Union has announced that leading research labs, including Belgium-based imec and Ireland's Tyndall National Institute, will receive €2.5 billion ($2.72 billion) in funding under the European Chips Act. This funding aims to support the development and testing of sub-2nm semiconductor chips. The initiative is part of the EU's broader strategy to bolster its semiconductor industry and reduce reliance on non-European suppliers. Separately, the UK's Department for Science, Innovation and Technology (DSIT) has unveiled plans for an independent institute to underpin the UK Semiconductor Strategy.
European semiconductor research labs including the Tyndall National Institute (@TyndallInstitut) in Cork are set to benefit from €2.5bn funding under the EU Chips Act to develop and test the next generation of advanced chips. https://t.co/PabdETJekY
Tyndall among EU research labs to share €2.5bn chips funding https://t.co/PabdETJekY
European research labs to receive US$2.72 billion funding from EU’s Chips Act https://t.co/AzFBzZtZ57
European research labs led by Belgium-based imec will receive €2.5B in funding under European Chips Act to set up a pilot line to develop and test sub-2nm chips (@lbsterling / Reuters) https://t.co/K8Qnsz2WUn 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/tIyKrLckLj
European labs led by imec to receive $2.7 billion in Chips Act funding https://t.co/qfjBG8fYUo https://t.co/enCnqKp24q
⚠️ EUROPEAN LABS LED BY IMEC TO RECEIVE $2.7 BILLION IN CHIPS ACT FUNDING Full Story → https://t.co/K4KNX9XymB Leading European research labs will receive 2.5 billion euros ($2.72 billion) in funding under the European Chips Act to set up a pilot line to develop and test… https://t.co/7ZB7SdD8ax
DSIT unveils plans for independent institute to underpin UK Semiconductor Strategy https://t.co/GCvvcnIF1w