Spain approved PERTE Chip with a public budget of €12.25 billion through 2027. The programme is intended to strengthen research, processor design, integrated photonics, manufacturing plants, testing and specialist training.
The financial ambition is substantial, but the European Commission's 2026 assessment says Spain should continue developing its semiconductor industry and sovereign technological capacity.
The chain contains many links
A semiconductor strategy is not limited to building a factory. It includes materials, equipment, fabless design, intellectual property, packaging, testing, suppliers, universities, stable energy and specialised professionals.
Skills require continuity
Training engineers takes years and requires projects where experience can grow. Courses and scholarships are insufficient when companies cannot provide technical careers, applied research and sustained investment.
Execution matters more than announcements
Public value should be measured through operating facilities, patents, new companies, production, skilled employment and participation in European supply chains. The budget is a starting point rather than the final result.