Saxon MEP Oliver Schenk (EPP), together with more than 50 other parliamentarians, is campaigning for an update of the European Chips Act. In a letter to EU Commissioner Henna Virkkunen, they call for targeted investment in AI chips and high-performance semiconductors. Europe's technological sovereignty must be secured and the competitiveness of the semiconductor industry must be strengthened.
Europe needs a long-term strategy for high technologies
"We are in a global race for the key technologies of the future. Europe must not fall behind - we must act now," emphasized CDU politician Schenk, who previously headed the Saxon State Chancellery. A long-term strategy is needed to establish Europe as a leading location for high technology and to secure innovation, jobs and prosperity.
