Global Trade Alert
Global Trade Alert

EU: Approval of the Chips Act, including the establishment of the EUR 3.3 billion Chips for Europe Initiative

Announcement

18 Sep 2023

In September 2023, the European Union approved its Chips Act. The act includes the establishment of the EUR 3.3 billion Chips for Europe Initiative, which provides, among others, blended finance to the semiconductor sector.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Sep 2023

Revocation date:

31 Dec 2027

Announced: 18 Sep 2023
Financial investment support In force
On 18 September 2023, the European Union adopted the European Chips Act through Regulation (EU) 2023/1781. The Act establishes, among others, the Chips for Europe Initiative with a budget of EUR 3.3 b...
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Announced: 18 Sep 2023
State loan In force
On 18 September 2023, the European Union adopted the European Chips Act through Regulation (EU) 2023/1781. The Act establishes, among others, the Chips for Europe Initiative with a budget of EUR 3.3 b...
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Clarification: 11 Apr 2024
Financial grant In force
On 18 September 2023, the European Union adopted the European Chips Act through Regulation (EU) 2023/1781. The Act establishes, among others, the Chips for Europe Initiative with a budget of EUR 3.3 b...
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Related State Acts

Announced: 11 Dec 2025

Germany: EUR 128 million State aid scheme to X-FAB for setting up a "first-of-a-kind chips factory"

Announced: 11 Dec 2025

Germany: EUR 495 million direct grant scheme to GlobalFoundries to support the developoment of semiconductor technologies

Announced: 19 Jun 2025

Spain: EUR 10.1 million financial grant for the Fundacio Institut de Ciències Fotòniques under Horizon Europe

Announced: 19 Jun 2025

Netherlands: EUR 10.1 million financial grant to TNO under Horizon Europe

Announced: 23 Feb 2025

Austria: EUR 227 million scheme to support ams Osram new wafer manufacturing facility

Announced: 20 Feb 2025

Germany: EUR 920 million grant to support Infineon Technologies AG's construction project of a semiconductor and integrated circuit factory

Announced: 16 Jan 2025

Germany: EIB and Bosch sign EUR 700 million financing agreement for semiconductor production expansion

Announced: 17 Dec 2024

Italy: EUR 1.3 billion to support Singapore's Silicon Box in setting up a new semiconductor facility

Announced: 20 Aug 2024

Germany: EUR 5 billion in state aid to support ESMC's microchip plant in Dresden

Announced: 18 Sep 2023

EU: Establishment of the Chips Joint Undertaking

Announced: 19 Jun 2023

Germany: Government plans to provide up to EUR 9.9 billion to support Intel's new semiconductor factory in Magdeburg

Announced: 09 Mar 2023

EU: Commission adopts new state aid Temporary Crisis and Transition Framework under the Green Deal Industrial Plan

Announced: 05 Oct 2022

Italy: Introduction of financial grant to support the construction of a semiconductor plant in Sicily

Announced: 12 May 2021

EU: Approval of EUR 95.5 billion Horizon Europe for funding RDI projects until 2027

Announced: 11 May 2021

EU: Approval of EUR 7.6 billion Digital Europe Programme

Announced: 26 Mar 2021

EU: Establishment of the InvestEU Programme in continuation of the Investment Plan for Europe

Announced: 18 Mar 2021

EU: Launch of the European Innovation Council, including a EUR 3 billion fund

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