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# European Commission proposes Chips Act 2.0 targeting EUR 120 billion
- URL: https://sovereigntymonitor.eu/news/2026-06-03-eu-chips-act-2-proposal/
- Published: 2026-06-03T12:00:00.000Z
- Updated: 2026-09-23T12:00:13.000Z
- Description: The European Commission adopted a Chips Act 2.0 proposal, part of its Technological Sovereignty Package, aiming to mobilise EUR 120 billion in public and private investment by 2035 and shift focus toward mass production and EU co-investment in strategic chip projects.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, Policy and law, #news, #reported, #editor-read

Reported Editor-read [European Commission proposal document (Chips Act 2.0), 3 June 2026](https://digital-strategy.ec.europa.eu/en/library/proposal-chips-act-20?ref=sovereigntymonitor.eu)

**What it does not test.** This does not establish that Parliament and Council have agreed to the proposal, which remains a Commission text.

**How this item counts.** No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0\. Commission proposal only; Council/Parliament have not agreed the EUR120bn Chips Act 2.0. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-09-23\. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)