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European semiconductor group urges accelerated support and policy overhaul – Computerworld

“Finally, the ‘Chips Act 2.0’ should include mechanisms for flexibility and adaptability to rapidly respond to industry shifts and geopolitical changes, ensuring that the EU’s strategy remains relevant and effective in the evolving semiconductor landscape,” Rawat added. Overcoming export restrictions A significant challenge has been the trade restrictions placed on companies like ASML regarding exports to China. The ESIA has…