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Imec CEO calls for AI chip design push in EU Chips Act

Imec CEO Patrick Vandenameele stated that the European Commission should focus on building a home-grown AI chip design ecosystem to compete with U.S. firms. He suggested leveraging strengths in equipment and design while encouraging partners like TSMC to expand advanced manufacturing in the region.

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Belgium research hub imec CEO Patrick Vandenameele called for EU funding to prioritize AI chip design on Tuesday. The proposal follows the original €43B Chips Act which failed to reach its 20% global market share target. Europe's chip market is currently dominated by U.S. firms without local competitors.

Shifting Focus from Manufacturing to Design
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