EU, with <10% of global chip production, has had its industries hit hard by chip shortages and is seeking "strategic autonomy" via new fabs and alliances (Politico)
Politico:
EU, with <10% of global chip production, has had its industries hit hard by chip shortages and is seeking “strategic autonomy” via new fabs and alliances — Europe wants no part of a new Cold War and is seeking its own chip champions to avoid getting drawn in.