NXP Semiconductors' CEO estimates the EU must invest €500B to hit its goal of a 20% global share in chips by 2030, well short of the EU Chips Act's €43B package (Tristan Fiedler/Politico)

Tristan Fiedler / Politico:

The CEO of NXP Semiconductors estimates the EU must invest 500 billion euros to achieve its target of 20% global chip market share by 2030, short of the EU Chip Act’s 43 billion euro package.– DRESDEN – The leader of one of Europe’s most prominent microchip companies on Thursday warned about the bloc’s investment intentions…


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