Tuesday, May 21, 2024

"European labs led by imec to receive $2.7 billion in [European] Chips Act funding"

It may be super-smart to shovel some money Imec's way. More on that in the next post.

From Reuters, May 21:

Leading European research labs will receive 2.5 billion euros ($2.72 billion) in funding under the European Chips Act to set up a pilot line to develop and test future generations of advanced computer chips, Belgium's imec said on Wednesday.

The European Union's 43 billion euro Chips Act was announced in 2023 to support domestic European chipmaking, a counterbalance to plans by China, the U.S. and other governments to shore up their own industries following shortages during the COVID pandemic.
 
Leuven, Belgium-based research hub imec will host the pilot line for the sub-2 nanometre chips to help European industry, academics and start-ups access chip manufacturing technology that would otherwise be too expensive for any one of them to test or use in development.
 
Top chipmakers such as TSMC and Samsung  are launching 2 nanometre chips this year and next year in commercial plants, or fabs, costing as much as $20 billion euros. 
 
The European R&D line is intended to help develop future generations of even more advanced chips, and will be outfitted with equipment from European and global equipment and materials firms.
 
"The investment will allow us to double volumes and learning speed, accelerating our innovation pace, strengthening the European chip ecosystem, and driving economic growth in Europe.” said imec CEO Luc Van den Hove in a statement....
....MUCH MORE