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# Spain's SETT invests EUR 115.8 million in chip designer Openchip
- URL: https://sovereigntymonitor.eu/news/2026-06-29-spain-sett-openchip-115-million/
- Published: 2026-06-29T12:00:00.000Z
- Updated: 2026-09-01T10:50:14.000Z
- Description: Spain's Council of Ministers authorised SETT to make a EUR 115.8 million equity investment, via the Recovery Plan's Next Tech facility, in Catalan firm Openchip to scale its high-performance, energy-efficient AI and HPC chip design.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, #news, #verified

Verified [Plan de Recuperación, Transformación y Resiliencia (Gobierno de España), 29 June 2026](https://planderecuperacion.gob.es/noticias/gobierno-invierte-115-millones-empresa-openchip-impulsar-chips-alto-rendimiento-prtr?ref=sovereigntymonitor.eu)

**What it does not test.** Does not disclose Openchip's resulting ownership split between the state and existing shareholders.

**How this item counts.** Towards autonomy: it changes who owns. Binding 2 of 3 (agreed or funded), scale 2 of 3 (medium), Verified counts in full: weight +4 of 36 possible. Spain's SETT takes EUR115.8M equity stake in Catalan chip designer Openchip (own); split undisclosed.. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)