Professor Chris Miller in Foreign Affairs: Europe Is Losing the Chips Race

Russia and Eurasia Program Co-Director Professor Chris Miller co-authored an article in Foreign Affairs arguing that Europe needs more cooperation with the United States on chip manufacturing.

“European leaders have grand ambitions to reduce the continent’s reliance on sensitive technologies from abroad. Today, they are debating an update to the European Chips Act, which was finalized in 2023 and allocated billions of euros to subsidize chip-making on the continent. The act was meant to increase Europe’s share of global chip manufacturing from ten to 20 percent by 2030, but it will likely fall short of that target by a wide margin.

A purely European supply chain for semiconductors—the sector that undergirds the digital economy and defense sector—is a fantasy that distracts from real opportunities.”

Read more on the Foreign Affairs website: https://www.foreignaffairs.com/europe/europe-losing-chips-race