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UK becomes participating state in EU’s Chips Joint Undertaking, accessing €1.3bn Horizon Europe collaborative research funding
What happened
The UK has joined the EU's Chips Joint Undertaking as a participating state, gaining access to €1.3 billion in Horizon Europe research funding for semiconductor technologies through 2027. This move re-integrates UK researchers into a key EU collaborative R&D framework following Brexit. Neutral: This is a long-term research funding announcement with no direct, immediate impact on component supply, demand, or pricing for traders.
Impact and signal
Low impactImpact score: 10/100
Affected components and suppliers
policyfundingr&d
Source and time
Source: Semiconductor Today · 3/15/2024 · View original source
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