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EU reveals new plans to cut reliance on US and Chinese tech The European Commission has updated the Chips Act and added new programs to deliver on the sovereignty front.
The European Commission has made significant updates to its Chips Act, introducing new initiatives aimed at reducing reliance on technology from the US and China. This move is part of a broader strategy to establish greater technological sovereignty within the EU, fostering domestic production and innovation. As global supply chains face stress, the EU aims to bolster its self-sufficiency in critical tech sectors, thereby enhancing economic stability and security across member states.
MonitorConfidence: HighMid term horizon
Published 9 Jun 2026, 10:35 UTC1 min read
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Summary
TL;DR
- EU updates Chips Act to enhance tech sovereignty
- New programs aim to cut reliance on US and Chinese technology
- Strategic shift towards domestic production and innovation
- Responds to global supply chain stresses
- Focuses on economic stability and technological independence
Interesting facts
- The updated Chips Act could stimulate investments in local tech manufacturing.
- This shift could redefine Europe's position in the global tech landscape.
What changed
The European Commission introduced updates to the Chips Act, adding new programs focused on reducing dependency on external (US and Chinese) technology.