https://www.theguardian.com/technology/2022/feb/09/eu-hopes-43bn-plan-will-fix-chip-shortages-as-supply-chain-crisis-bites

Ursula von der Leyen says chips are ‘bedrock of our modern economies’ but the pandemic has exposed supply vulnerabilities

The European Union has announced a €43bn ($48bn) plan to overcome its dependency on Asian computer chip makers as governments and businesses around the world battle with a global supply chain crisis that experts believe could persist for much of the year.