A policy mix built on tax credits, guarantees, and incentives can still fall short when capital, skills, and organization do not move together.
The EU’s Chips Act 2.0 is being framed as a correction to the first semiconductor plan, with a sharper focus on industrial demand, investment, emergency powers, fragmentation risks, and technological autonomy.
A debate about China and Europe is really about capacity: how energy, skills, scale, and integrated supply chains can matter as much as regulation when critical systems are built.
Decades-old policy choices may be undermining Europe’s ability to compete in the global AI race.
After an uproar over slashed credits, the government restores nearly all incentives to early retirees-but deeper questions about industrial policy remain.