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AI News from ET - Imec CEO calls for stronger AI design push in EU's Chips Act

Vishwadeep Khatri
in AI News & Two Lenses

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Europe must develop its own AI chip design firms. The new head of imec believes this is crucial for future competitiveness. The upcoming Chips Act 2.0 should focus on building this design ecosystem. Europe's strength lies in equipment and design, not just production. Encouraging TSMC to expand its Dresden facility is also suggested for advanced manufacturing.

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