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EU Unveils Chips Act
- EU introduced Chips Act 2.0 to cut reliance on third-country advanced chip manufacturing and design.
- The act reinforces EU strengths in mainstream chips and adds capacity for cutting-edge semiconductor technologies.
- Securing a stable chip supply, the legislation keeps critical infrastructure and technologies secure, resilient, and aligned with European values.
- The act complements the Cloud and AI Development Act (CADA) and the EU Open Source Strategy to strengthen the digital economy.
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