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TechEU to invest €525 million in chip startups

The European Union will invest €525 million ($590 million) to help chip startups scale up faster, EU tech chief Henna Virkkunen said Wednesday. The investment is part of a drive for Europe to catch up with the United States and China.

European Unionchip startupsinvestmenttechnology competition

RReuters★★★☆☆2026-11-04 18:00Original

EU to invest €525 million in chip startups
EU to invest €525 million in chip startupsTech