Setting the stage for the Chips Act

On Monday, 13 February, the European Parliament has confirmed the mandate of the Rapporteur to start negotiating its position on the European Chips Act with the Council of the European Union. AmCham EU welcomes this development and praises the efforts made by all the political groups within the European Parliament to build broad consensus on the report. The EU Chips Act will foster investments that the EU urgently needs in innovative semiconductor manufacturing to strengthen Europe’s resilience. 

News
14 Feb 2023
Setting the stage for the Chips Act

In order to achieve this, we call for the following points to be considered by policymakers during the trilogues.

Firstly, a clearer timeline for state-aid applications approval by the European Commission and fast-track permits procedures in Member States will help timely develop a more geographically diversified, sustainable and resilient semiconductor supply chain in Europe.

Secondly, it will be crucial for some additions to be kept within the final text, such as a definition of ‘crisis’,  strong ‘last resort’ safeguards in pillar 3, a narrow list of critical sectors and a ‘right to be heard’ for manufacturers subject to emergency measures.

Thirdly, AmChamEU supports amendments aimed at further strengthening international cooperation with likeminded third countries (i.e. the US) and the robust involvement of industry in the EU Semiconductor Board activities.

AmCham EU stands ready to support EU policymakers and encourages a swift adoption of the Act.

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The Single Market is only as simple as its Member States make it

This blog is authored by Malte Lohan, CEO, AmCham EU.

What exactly is ‘single’ about a market where the same product needs different national markings, a cyber incident can require dozens of reports and a professional qualification may stop being recognised at the border?

These examples come from different sectors, but they point to the same contradiction. The EU creates common rules, yet companies still encounter national requirements that divide Europe into separate markets in practice.

The stakes are high for American companies invested in Europe. The United States is the largest single source of inward foreign direct investment (FDI) into the EU. In 2025, American companies invested more in Europe (53%) than they did the rest of the world combined. This has been the case for decades. Much of this appeal lies in the promise of a large, prosperous Single Market.

Yet there are signs that this position is coming under pressure. While Europe remains the leading destination for US investment, its share of total US outward FDI has fallen to its lowest level in more than four decades. More recent indicators point in the same direction too. EY’s 2026 European Investment Monitor found that 943 US companies invested in Europe last year, 16% below the annual average of 1,124 over the previous five years. To reverse these trends, Europe needs to make itself a more attractive place to invest, beginning with a more integrated Single Market.

That is why the simplification agenda cannot lose steam – in Brussels and national capitals. In her September State of the Union address, European Commission President Ursula von der Leyen highlighted the need for EU-wide coordination. ‘Simplification cannot be a one-way street’, she said. ‘All levels have to have skin in the game’.

As EU leaders check in on progress under the ‘One Europe, One Market’ roadmap at this week’s European Council meeting, they should look closely at how national choices affect companies operating across borders. That means addressing three related but distinct problems: gold-plating, uneven implementation and the national barriers that continue to fragment the Single Market.

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