PPMI | Part of the Verian Group, together with the Austrian Institute of Technology (AIT), has been selected by the European Commission to conduct a comprehensive evaluation of the European Chips Act. The Chips Act, which entered into force in September 2023, aims to double Europe's global semiconductor market share to 20% by 2030 and mobilise over €43 billion in public investment, across three critical pillars: (1) Chips for Europe Initiative - focusing on technological capacity building and innovation, (2) security of supply and resilience, and (3) monitoring and crisis response.
As the Chips Act approaches its first major review, the evaluation will assess what has been achieved (its effectiveness, efficiency, relevance, coherence and EU-added value) across all pillars and chart the course for the next generation of European semiconductor policy. The evaluation will employ a mixed-methods approach including extensive stakeholder consultations, assessment of costs and benefits, case studies, and state-of-play analysis of Europe's semiconductor ecosystem. Our balanced approach combines a retrospective assessment with future-looking perspectives: the team will test a range of policy options and their potential impact, to inform the next version of the Act. The evaluation comes at a critical juncture as global competition in semiconductors intensifies and new opportunities emerge in AI and advanced packaging technologies.
