header banner
Default

Bloomberg: Are you a machine?


Table of Contents

    European Union nations agreed to pursue a €43 billion ($44.4 billion) plan to jump-start the bloc’s semiconductor production, clearing a key hurdle in its plan to bolster high-tech industry.

    The deal was backed Wednesday by EU ambassadors, according to people familiar with the matter. It would expand the scope of what chip plants are considered “first-of-a-kind” and qualify for state aid, but stops short of allowing all automotive chips to qualify for funds, which some countries had demanded earlier this fall.

    Sources


    Article information

    Author: Cindy Bowman

    Last Updated: 1697946004

    Views: 1252

    Rating: 4.3 / 5 (83 voted)

    Reviews: 86% of readers found this page helpful

    Author information

    Name: Cindy Bowman

    Birthday: 2010-08-11

    Address: USNV Davis, FPO AP 39736

    Phone: +3533822118203534

    Job: SpaceX Engineer

    Hobby: Hiking, Coffee Roasting, Knitting, Telescope Building, Tea Brewing, Fencing, Beer Brewing

    Introduction: My name is Cindy Bowman, I am a receptive, vibrant, transparent, sincere, priceless, apt, resolute person who loves writing and wants to share my knowledge and understanding with you.