EU lays out billion-euro chip push for mega-fabs

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EU lays out billion-euro chip push for mega-fabs

Eases state aid rules.

EU countries will find it easier to provide funding for first-of-a-kind factories under a European Commission billion-euro plan set out on Tuesday aimed at boosting its chip industry and cutting the bloc's dependence on US and Asian companies. The move by the European Union executive ...

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