The race for semiconductor leadership is on — and European chip startups are rising to the challenge. Europe is already home to high-profile chip companies including ASML, NXP, Arm, and Infineon. However, it lags behind in manufacturing capacity. The EU is currently producing about 10% of the world’s semiconductors. The UK accounted for 0.5% of chip sales globally in 2023. In an ongoing battle against chip giants in Taiwan, China, and the US, both the EU and the UK are doubling down on leveraging their particular strengths in R&D and chip design. The goal is to gain a competitive advantage…
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