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President Ursula von der Leyen on chips (SOTEU 2021)
Allow me to focus on semiconductors: those tiny chips that make everything work: from smartphones to electric scooters, to trains and entire smart factories. There is no digital without chips. We will present a new European Chips Act. We need to link together our world-class research, design and testing capacities. We need to coordinate the EU and national investment along the value chain. And the aim is to jointly create a state of the art European chip ecosystem, including production. That ensures our security of supply and will develop new markets for ground-breaking European tech.
