Article 16: Union risk assessment and early warning indicators
1. The Commission shall, after consulting the European Semiconductor Board, assess risks that may disrupt, compromise or negatively affect the supply of semiconductors (Union risk assessment). In the Union risk assessment, the Commission shall identify early warning indicators.
2. The Commission shall review the Union risk assessment including the early warning indicators as necessary.
3. When monitoring the semiconductor value chain pursuant to Article 15, Member States shall monitor the early warning indicators identified by the Commission.
Note: This is not the final text of the European Chips Act. This is the text of the European Chips Act Proposal of February 2022.