EU Drafts Crisis Powers to Shield Chip Supply from Future Helium Disruption

May 29
2 min read

The European Commission is set to present its Chips Act 2.0 package in early June, including sweeping crisis powers that would let it trigger a formal “crisis stage” during severe shortages of helium and other crisis-critical products, force semiconductor manufacturers to prioritise orders for crisis-critical products over existing private contracts and fine companies up to €300k for withholding or providing misleading information.

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