Chinese and US risks mean EU chip sector faces a ’bleak future,’ report says

The EU chip sector faces a bleak future due to risks stemming from the US and China. European semiconductor ambitions are currently hindered by shifts in US investment and China's control over critical materials. These factors threaten Europe's competitive edge and growth within the semiconductor industry. Consequently, the region's strategic goals in high-tech manufacturing are facing significant hurdles as it navigates the complexities of global geopolitical tensions and shifting international investment patterns.