EU nations advance €43 billion plan to become semiconductor hub. The deal was backed Wednesday by EU ambassadors*, according to people familiar with the matter. It would expand the scope of what chip plants are considered “first-of-a-kind” and qualify for state aid, but stops short of allowing all automotive chips to qualify for funds, which some countries had demanded earlier this fall.
Join the more than 4 thousand ambitious entrepreneurs & investors hellbent on making our mark on the world. Subscribe today to become a Market Mover. Make better business & investment decisions with our daily curation service.
This post is for subscribers only
Sign up now to read the post and get access to the full library of posts for subscribers only.