Spain and eight European countries present their priorities for a new Chips Law that strengthens the European semiconductor industry

• The Declaration sets out five priorities for strengthening the European semiconductor industry: strengthening collaboration between industry and research; harmonising and boosting funding from both the private and public sectors; boosting European talent; developing chips that contribute to the ecological transition; and encouraging collaboration with international partners.
• Semiconductors are the backbone of today’s high-value growth sectors, increasingly driven by artificial intelligence and technology, such as automotive, telecommunications, defense, computer services, life sciences or energy.

Brussels, 29 September 2025.- The SEMICOM Semiconductor Coalition, made up of nine European countries, including Spain, has today delivered to the European Commission a Joint Declaration backed by the 27 Member States. This document sets out the key policy priorities, in view of the revision of the European Union Chips Act, a strategic initiative to strengthen the semiconductor industry in Europe.

The Declaration recognizes semiconductors as the backbone of today’s high-value growth sectors, increasingly driven by artificial intelligence and technology, such as automotive, telecommunications, defense, computer services, life sciences or energy. Thus, “it is fundamental to Europe’s technological leadership, shared prosperity and long-term resilience to ensure a strong European position within this industry,” the text says.

The priorities set out in the Declaration are:

• Strengthening collaboration between industry, research, SMEs and emerging companies. Support European leaders in innovation and foster complementary European industrial alliances, from suppliers and research actors to the final markets, to strengthen and improve the viability of the entire European industry.
• Harmonising funding between the EU and Member States. National and European, public and private funds will be coordinated. It also accelerates the approval of strategic projects and mobilizes private capital to complement public funding.
• Promoting the formation of a European talent pool in semiconductor technologies.
• Support the development of chips and components that contribute to the ecological transition, promoting cleaner, more efficient and circular manufacturing throughout the value chain.
• Fostering global collaboration with related international partners (from governments to industry) to build mutually beneficial relationships, thereby building a resilient global supply chain.

In addition, a statement of support has been given by the industry, underlining the private sector’s commitment to the goals of the Chips Act.

The SEMICOM coalition, made up of Austria, Belgium, Finland, France, Germany, Italy, Poland, Spain and the Netherlands, was formed in March 2025 with the aim of strengthening Europe’s competitiveness and security in the field of semiconductors, considered essential for the technological prosperity of the continent.

Spanish Society for Technological Transformation SETT
Spain’s commitment to the semiconductor industry was concretized with the launch of PERTE CHIP, a fund that promotes in Spain an industrial ecosystem throughout the value chain of semiconductors and also aims to carry out prospective action towards the technological future of microelectronics in our country using more than 12 billion euros. Subsequently, in July 2024, the Spanish Society for Technological Transformation was created, a public business entity for financing and investment in disruptive technologies that manages the PERTE CHIP fund and the Next Tech funds and the Spain Audiovisual Hub. The SETT encourages technology and audiovisual companies with financing facilities and public-private co-investment formulas.