Chip lobby group SEMI to EU: Export restrictions should only be used in self-defense

SEMI urges the European Union to apply export controls only as a last resort within its economic security strategy, cautioning that tighter screening of foreign and outbound investments and stricter controls on chip technologies could hinder Europe’s semiconductor industry and global supply-chain partnerships. Emphasizing reliance on international investment and market access, SEMI advocates balanced policies that promote economic opportunities and targeted, necessary controls, while referencing U.S. restrictions and findings on investments in Chinese chipmakers.