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Will the EU’s Chips Act 2.0 succeed after its first attempt missed the mark?

By Luca Bertuzzi ( February 13, 2026, 14:46 GMT | Comment) -- The EU is preparing a Chips Act 2.0 after its first semiconductor push three years ago failed to deliver major investments, most prominently Intel’s canceled €30 billion project. Analysts say the original legislation lacked clear goals. Industry voices now urge Brussels to focus a revamp of the act on AI-related chips, boosting demand and building on Europe’s strengths rather than pursuing full technological autonomy.The European Commission is about to present its Chips Act 2.0. But whether this forthcoming initiative will be more successful than the languishing first edition will depend on whether policymakers can learn from their past mistakes....

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