EU nations advance $44B plan to become chip hub

An STM worker handles a wafer with multiple chips — The French-Italian semiconductor maker STM is investing up to $3 billion in its plant near Milan.

By:

Bloomberg

November 24, 2022 09:38 AM

European Union nations agreed to pursue a 43-billion-euro ($44.4 billion) plan to jump-start the bloc’s semiconductor production, clearing a key hurdle in its plan to bolster high-tech industry.

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