This means chips are also at the centre of geopolitical interests andthe global rally for technological supremacy.

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It will receive 3.3bn inEUfunding alongside capital from member states.

The EU’s Chips Act enters into force: Here’s what it means

A pilot semiconductor alert system has already been set for shareholders to report supply chain disruptions.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

Europe’s market share in chip production by sector

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