EU Puts Its Money Where the Chips Are, Approves €8B in Semiconductor Research Projects
Portfolio Pulse from Anusuya Lahiri
The European Union has approved €8 billion in public funds for semiconductor research projects, backed by €13.7 billion in private funding. Companies like Intel, Infineon Technologies, STMicroelectronics, GlobalFoundries, and Wolfspeed have invested in the projects, while Taiwan Semiconductor Manufacturing Company is considering building a production site in Germany.
June 08, 2023 | 2:54 pm
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GlobalFoundries has invested in EU-approved semiconductor research projects, which could lead to potential growth opportunities.
GlobalFoundries' investment in the EU semiconductor research projects indicates the company's interest in expanding its presence in the European market. This could lead to potential growth opportunities and increased market share for GlobalFoundries in the region.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Intel has invested in EU-approved semiconductor research projects, which could lead to potential growth opportunities.
Intel's investment in the EU semiconductor research projects indicates the company's interest in expanding its presence in the European market. This could lead to potential growth opportunities and increased market share for Intel in the region.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
STMicroelectronics has invested in EU-approved semiconductor research projects, which could lead to potential growth opportunities.
STMicroelectronics' investment in the EU semiconductor research projects indicates the company's interest in expanding its presence in the European market. This could lead to potential growth opportunities and increased market share for STMicroelectronics in the region.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Taiwan Semiconductor Manufacturing Company is considering building a production site in Germany, potentially expanding its presence in the European market.
TSM's consideration of building a production site in Germany indicates the company's interest in expanding its presence in the European market. This could lead to potential growth opportunities and increased market share for TSM in the region.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Wolfspeed has invested in EU-approved semiconductor research projects, which could lead to potential growth opportunities.
Wolfspeed's investment in the EU semiconductor research projects indicates the company's interest in expanding its presence in the European market. This could lead to potential growth opportunities and increased market share for Wolfspeed in the region.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80