EU_Commission, (edited ) 
Tiny, yet impactful – we're talking about microchips.
They make our smartphones, trains and entire factories work.
Massively adopted by the European Parliament, the #EUChipsAct will tackle the chip shortage by:
Accelerating permits for rapid chip investments.
Empowering SMEs with enhanced chip design support.
Implementing a crisis response mechanism for supply issues.
Securing €3.3B for chip research.
Establishing competence centres to attract talent.