This article discusses the recent introduction of the new Industrial Acceleration Law in Europe aimed at boosting local production to revive the continent's industrial capabilities. Notably, it highlights the exclusion of semiconductors, which are critical for the technology and digital economy, from the list of strategic sectors. Despite Europe's ambition to produce 20% of the world's chips by 2030, current statistics show that the continent only contributes 7.4% to global sales, indicating a significant gap in its technological capacity.

The exclusion of semiconductors comes at a crucial time when the demand for advanced technologies, particularly in the fields of artificial intelligence and quantum computing, is skyrocketing. The legislative text points out the focus on zero-emission technologies and other critical areas while neglecting digital technologies, which can have a detrimental effect on Europe's competitive edge. Stakeholders are voicing concerns that such legislative frameworks should be more inclusive and adaptable to emerging technologies that are vital for future economic security and growth.

As the article illustrates, this oversight in the European strategy could impede not only the production capabilities but also the overall technological innovation within the region. With the global landscape rapidly evolving, failing to invest in semiconductor production and related technologies may leave Europe lagging behind other major players in the tech industry, particularly in areas vital for sustainability and innovation.