According to a European Council report, the Chip for Europe initiative is expected to mobilize €43 billion in public and private investment. Of this amount, 3.3 billion euros comes from the European budget. The European Chip Law aims to double the region’s semiconductor market share to at least 20% by 2030.
Look at the 5 biggest semiconductor companies and suppliers in Europe.
5. STMicroelectronics N.V. (NYSE:STM)
Market capitalization as of March 24, 2024: $39.92 billion
STMicroelectronics N.V. (NYSE:STM) is one of Europe’s largest semiconductor companies. The company is engaged in manufacturing microcontrollers, sensors and actuators, motor control products, and power and energy management solutions. STMicroelectronics NV (NYSE:STM) was founded in 1987 and is based in Geneva, Switzerland.
4. Infineon Technologies AG (OTC:IFNNY)
Market capitalization as of March 24, 2024: $45.47 billion
Infineon Technologies AG (OTC:IFNNY) ranks 4th on the list of Europe’s largest semiconductor companies . The company’s main products include power semiconductors, microcontrollers, security controllers, high frequency products, and sensors. Infineon Technologies AG (OTC:IFNNY) is based in Germany and has a market capitalization of $45.47 billion.
3. NXP Semiconductors N.V. (NASDAQ:NXPI)
Market capitalization as of March 24, 2024: USD 62.66 billion
With a market capitalization of USD 62.66 billion, NXP Semiconductors N.V. (NASDAQ:NXPI) is the largest in Europe. is one of the leading semiconductor companies. Provides secure connectivity solutions for embedded applications. Key products include Arm processors, Arm MCUs, and power architectures. NXP Semiconductors N.V. (NASDAQ:NXPI) was founded in 2006 and is headquartered in the Netherlands.
2. Arm Holdings plc (NASDAQ:ARM)
Market capitalization as of March 24, 2024: $137.92 billion
Arm Holdings plc (NASDAQ:ARM) ranks second on the list of Europe’s largest semiconductor companies is. A semiconductor and software company based in Cambridge, UK. It specializes in the production of processor IP. Arm Holdings plc (NASDAQ:ARM)’s CPUs and NPUs include Cortex-A, Cortex-M, Cortex-R, Neoverse, Ethos, and SecurCore.
1. ASML Holding N.V. (NASDAQ:ASML)
Market cap as of March 24, 2024: $398.43 billion
ASML Holding N.V. (NASDAQ:ASML), commonly referred to as ASML, is Europe’s largest semiconductor company. It is considered one of the companies. The company is engaged in the development and manufacture of photolithography equipment for developing computer chips. ASML Holding N.V. (NASDAQ:ASML) is based in the Netherlands and has a market capitalization of $398.43 billion.