Imec CEO urges EU to build domestic AI chipmakers
NewsBytes | May 20, 2026 12:39 AM CST
Patrick Vandenameele suggests TSMC Dresden upgrade
Vandenameele points out that Europe already has strong chip design and equipment firms like ASML and ASM.
He suggests pushing Taiwan's TSMC to upgrade its Dresden facility for advanced manufacturing, supporting the European Union's goal of "tech sovereignty."
The updated Chips Act drops on May 27, aiming to boost Europe's semiconductor industry after the first act helped stabilize things, but didn't quite hit its target for global market share.
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