A PYMNTS Company

All EU States Join Dutch-Led Push for Updated Chips Act

By  |  September 29, 2025

All 27 European Union member states have now signed onto a Dutch-led initiative seeking to overhaul the bloc’s semiconductor strategy, the Dutch government announced Monday. The coalition, known as the “Semicon Coalition,” delivered its declaration to the European Commission earlier in the day, according to Reuters.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The group was first launched in March by the Netherlands and eight other EU countries. Since then, momentum has grown among lawmakers, industry groups, and companies for what some are calling a “Chips Act 2.0.” Per Reuters, the effort is focused on addressing weaknesses in Europe’s semiconductor plans and ensuring the bloc can respond to global geopolitical tensions.

    Dutch Economic Affairs Minister Vincent Karremans said in a statement that “today all EU Ministers agreed on the fact that Europe’s industrial strategy should adapt to the increasing geopolitical tensions in the world.” The coalition argues that Europe must pivot from its initial target of reaching a 20% share of the global chip market to a more tailored strategy aimed at securing key technologies, expediting approvals, and bolstering finance and workforce skills throughout the semiconductor supply chain.

    Read more: China Orders Tech Giants to Stop Nvidia AI Chip Purchases

    While the first EU Chips Act triggered a series of investment announcements, it fell short of attracting cutting-edge production. Intel, for instance, dropped plans for a major new facility in Germany, Reuters reported.

    Industry backing for the coalition also expanded on Monday. Semiconductor industry association SEMI said it signed the declaration, alongside more than 50 companies across the sector, according to Reuters.

    Source: Reuters