📊Executive Summary

The European Commission has proposed Chips Act 2.0 to enhance the semiconductor ecosystem in Europe. This initiative aims to reduce dependency on external suppliers for semiconductor manufacturing, particularly in advanced and AI chips. The Act emphasizes the need for stronger supply chain intelligence and crisis preparedness, focusing on both supply and demand-side measures. It aims to bolster local demand for European semiconductor technologies, thereby improving production capacity alignment with strategic sectors such as automotive, energy, and defense. This shift from emergency response to a comprehensive industrial strategy highlights the EU's commitment to technological sovereignty and resilience in semiconductor supply chains....