Semi-conductors: Cour des comptes Criticizes Massive, Uncontrolled Public Aid to STMicroelectronics and GlobalFoundries Projects in France
France’s semiconductor industry has come under intense scrutiny after the country’s top financial watchdog, the Cour des comptes, warned that billions of euros in public subsidies granted to chipmakers lack proper oversight and may not deliver the intended economic benefits. The watchdog’s report, released in April 2026, focuses on the massive “Liberty” project in Isère, … Read more