The original EU Chips Act was designed to safeguard Europe against technological dependency; however, as the geopolitical landscape evolves, it is proving insufficient to meet current demands. Business sectors, especially automotive and technology, are raising alarms, emphasizing the need for a revised Chips Act that goes beyond merely investing billions into large factories. Instead, they advocate for a comprehensive, resilient ecosystem that includes everything from chip design to pilot production lines and assembly, addressing the entire semiconductor supply chain instead of isolated efforts.

The article also addresses the current status of the semiconductor sector in Europe, pointing out the inadequacies in reaching the original goal of increasing Europe’s semiconductor production to 20% of the global market share. This goal has become increasingly unrealistic due to the ongoing semiconductor crisis from 2020 to 2023, which highlighted how deeply intertwined the European economy is with global supply chains. The urgent call for Chips Act 2 comes with the recognition that investment in manufacturing alone will not suffice; a broad strategy is required to enhance research and development capabilities and to position Europe as a significant player in the global semiconductor market.

Moreover, Poland's potential to contribute to this effort is explored, particularly in terms of how it can increase its share in the international value chain of semiconductors. The article outlines how Poland can leverage its existing resources and capabilities to strengthen its role in the semiconductor ecosystem, indicating that localized strategies, along with the proposed Chips Act 2, could help lay the foundation for a more robust and self-sufficient European semiconductor industry that is less vulnerable to external shocks and geopolitical tensions.