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Home > Business > Europe to invest €525 million in chip startups to catch up with US and China

Europe to invest €525 million in chip startups to catch up with US and China

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Last Updated: November 4, 2026 23:13:41 IST

By Foo Yun Chee BRUSSELS, Nov 4 (Reuters) – The European Union will invest €525 million ($590 million) in chip startups to help them scale up faster, EU tech chief Henna Virkkunen said on Wednesday,

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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