chips [and] putting in place an adequate framework to increase production by 2030”, among others. 78 The European Chips Act also shares some similarities with the US Chips Act, 79 setting the stage bloomberg.com/news/articles/2023-04-26/asml-europe-s-most-valuable-tech-firm-to-define-us-china-chip-war> 78 Shaping Europe’s digital future: European Chips Act, European Commission, last updated 20 th January