Portugal’s innovation mindset cultivates a growing sweet spot for the global semiconductor industry.

t’s no coincidence that the global ecosystem of the $520 billion semiconductor industry needs to be as finely tuned as the pathways etched on a microchip.

Accordingly, as the industry is projected to grow by more than 13% in 2024, there are many valuable roles to play and many pathways toward success. In a European marketplace surging on the power of the EU Chips Act and a wave of new corporate investment, Portugal’s performance is receiving rave reviews thus far.

Micro- and nano-electronics enable the generation of at least 10% of European and global GDP, according to the European Semiconductor Industry Association, which confirms…