61. Chips: EU’s Ambition in a Transatlantic Technology Bridge
- Author:
- Nicola Bilotta
- Publication Date:
- 02-2024
- Content Type:
- Working Paper
- Institution:
- Istituto Affari Internazionali
- Abstract:
- Semiconductors are vital building blocks of digital technologies. In line with its aspiration for strategic autonomy, the EU has recognised vulnerabilities in its chip supply chain, which heavily relies on foreign firms. The intricate relationship between economic security and open trade underlies the EU’s quest to bolster its domestic capacity while enhancing connections with key global partners. Despite the challenges of finding a policy balance, fostering transatlantic cooperation in the semiconductor domains remains a key ambition. To cultivate a more balanced and effective partnership with the US, the EU should capitalise on its comparative advantages to amplify and fortify its strategic positioning in the global supply chain.
- Topic:
- International Political Economy, Science and Technology, Governance, European Union, Transatlantic Relations, and Industry
- Political Geography:
- Europe