3 promising European startups in the race for next-generation chips

The race for semiconductor leadership is on — and European chip startups are rising to the challenge. Europe is already home to high-profile chip companies including ASML, NXP, Arm, and Infineon. However, it lags behind in manufacturing capacity. The EU is currently producing about 10% of the world’s semiconductors. The UK accounted for 0.5% of chip sales globally in 2023. In an ongoing battle against chip giants in Taiwan, China, and the US, both the EU and the UK are doubling down