➀ The European Semiconductor Industry Association (ESIA) is requesting a second Chips Act without accounting for the outcomes of the first one, which failed to boost EU chip production to 20% of the global market. ➁ The only proposed initiative for leading-edge chip manufacturing in Europe, Intel at Magdeburg, seems increasingly unlikely. ➂ ESIA is asking for a chip envoy, reduced export restrictions, and quicker distribution of aid, indicating a preference for continuous financial support without tangible deliverables.
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