The EU’s first annual State of the Digital Decade report highlights an urgent call to action for increased investment to meet its 2030 technology targets. The report underlines the significance of collective efforts by member states to successfully navigate the prevalent digital transformation. The document illuminates areas such as 5G deployment, which has been slower than expected, and inadequate fiber network coverage, among others. Simultaneously, it draws attention to other essential aspects, like digital sovereignty and the digitalization of businesses, suggesting an additional investment of at least €200 billion may be necessary. Issues such as these could hamper the bloc’s ambition to double its share in the semiconductor sector by 2030.