News Snapshot:
The European Union wants to double its chip manufacturing output to 20 percent of the global market by 2030. The goal is part of its new Digital Compass plan , announced yesterday, which aims to boost “digital sovereignty” by funding various high-tech initiatives. As well as doubling chip output, the EU also wants all households to have 5G access and gigabit internet connectivity by 2030; for “all key public services” to be available online in every member state; and for the bloc to have its first quantum computer. Funding for these and other projects will come from the EU’s €672.5...
