The article analyzes the importance of stronger transatlantic cooperation between the U.S. and Germany in reshoring semiconductor production to enhance the resilience of global supply chains. It highlights the challenges posed by the global chip shortage, exacerbated by pandemic-related disruptions, geopolitical tensions and a high concentration of production in East Asia. The U.S. and the EU have developed ambitious strategies through their respective Chips Acts to boost domestic production, diversify supply chains, and reduce economic dependencies. While the article underscores commonalities in strategic goals, it also points out differences in legal and institutional frameworks. Finally, it offers recommendations for better alignment of policies and investments to secure the technological sovereignty of both countries in an increasingly competitive global environment.
Transatlantic Cooperation in the Chip War Transatlantic Cooperation in the Chip War
Philip Nock critically examines the U.S. and EU Chips Acts, which aim for a strategic realignment of semiconductor production, highlighting differences in funding, regulation and implementation approaches. The article concludes by emphasizing the urgency of strengthened transatlantic cooperation to reduce economic dependencies and ensure supply chain security in a world increasingly shaped by geopolitical challenges.
Transatlantic Cooperation in the Chip War
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