NXP Semiconductors’ CEO estimates the EU must invest €500B to hit its goal of a 20% global share in chips by 2030, well short of the EU Chips Act’s €43B package (Tristan Fiedler/Politico)

Tristan Fiedler / Politico:
NXP Semiconductors’ CEO estimates the EU must invest €500B to hit its goal of a 20% global share in chips by 2030, well short of the EU Chips Act’s €43B package  —  DRESDEN — The leader of one of Europe’s most prominent microchips companies on Thursday warned the bloc’s intended investment …