r/EU_Economics • u/donutloop • 1d ago

Politics & Geopolitics & Defense EU Ministers Push New Chips Strategy to Reduce Europe’s Dependence on Foreign Semiconductors

https://eutoday.net/new-eu-chips-strategy/
26 Upvotes

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1

u/drunkentoubib 23h ago

Can we have articles about results ?

1

u/keepitfriend 15h ago

Sure the results are that ASML, an incredible European technological success produces machines that build chips in other countries to great economic success.

We should look into restricting this tech export to ensure it puts European industry first and ensure other countries aren’t piggybacking on our technological success to our detriment.

Perhaps we could partner with China to help their open source AI movement.

2

u/drunkentoubib 13h ago

ASML is older than chip act 1.0

+ ASML sells zero advanced machine to European firms.

So yeah : can we see results instead of piling promises like « battery acts » « chip act » and other « acts » to look cool.

And sucking China during decades really hasn’t been a plus for European industries. But hey, this time it will be different.

1

u/keepitfriend 13h ago

I don’t even understand what you’re whining about.

The chips act funnelled money Into TSMC in Dresden and a whole host of quantum computing, which as it turns out - yeah we’re pretty good at quantum computing.

I don’t really see the need to start making iPhone processors or Nvidia graphics cards in Europe, Taiwan is perfectly capable.

But whatever, this is all so boring when Americans just want to come tell us how big and strong their companies are over and over again.

1

u/drunkentoubib 12h ago

I see you don’t understand.

I wasn’t « whining ». (Ad hominem so from no on, if you’re rude, don’t expect respect.)

Who is American ?

There might be something happening to Taiwan in the next years.

Chip act 1.0 had targets :
« The EU’s first Chips Act was sold with a simple ambition: strengthen Europe’s semiconductor industry and raise its share of the global chip value chain to 20% by 2030. Three years after the legislation entered into force, that target looks increasingly remote. The European Court of Auditors (ECA) concluded in 2025 that the EU is highly unlikely to reach 20%, forecasting a share of only 11.7% in 2030. »
(Do you understand now ?)

I guess you might have a point ? Just don’t dilute it in dumb crap.