EU Chips Act: Commission approves EUR 659 million aid for four new semiconductor facilities in Germany
The measures will contribute to strengthening the EU’s position and autonomy in the semiconductor value chain by supporting the construction of first-of-a-kind facilities, in line with the objectives set out in the Commission’s Communication ‘A Chips Act for Europe’ and the Commission’s 2024-2029 Political Guidelines.
The aid will take the form of direct grants for the construction of 4 semiconductor facilities.
The Commission assessed the German measure under EU State aid rules, in particular Article 107(3)(c) TFEU, which enables Member States to grant aid to facilitate the development of certain economic activities subject to certain conditions, and based on the principles set out in the European Chips Act.
The Commission found that the aid has an incentive effect, will have a limited impact on competition and trade within the EU and is necessary and proportionate. At the same time, it also found that it will have wider positive effects for the European semiconductor ecosystem and contribute to strengthening Europe’s security of supply.
For further information, see its specific PR.