European Commission: Creation of a new Joint Undertaking Chip (Semiconductor Technology)
For the implementation of related measures, a new Joint Undertaking for Chips (JU Chips) is envisaged, which will be created through a transformation of the current Joint Undertaking Key Digital Technologies (JU KDT). The Commission proposal provides for a budgetary increase from currently 1.8 billion euros (JU KDT) to 4.175 billion euros for the new Joint Undertaking for Chips. Of this, at least 2.5 billion euros should be used for pilot plants, design infrastructures, competence centres and other capacity-building activities.
Further informationen can be found here.