Europe Bets on Chips Act 2.0 to Break Free From Foreign Semiconductor Dependence

The European Commission is preparing Chips Act 2.0, a successor to its original semiconductor legislation, with a sharper focus on scaling up industrial mass production across Europe. The updated framework aims to reduce the continent’s dependence on foreign chip suppliers while anchoring the full semiconductor value chain — from research to manufacturing — within Europe. The initiative reflects Brussels’ strategic push to strengthen technological sovereignty amid growing global competition in the semiconductor sector, as reported on June 1, 2026.

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With the Chips Act 2.0, the European Commission aims to expand industrial capacity, reduce depconcludeencies and further anchor the entire semiconductor value chain in Europe.