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> We have no private investors that would pony up enough money to go against US tech titans and fat chance the EU would ever fund such initiatives Did you miss

• kmeisthax 6y ago
  That's for semiconductor technology, not a full software stack, search engine, social network, or server hosting farm that could compete with Apple, Google, Facebook, or Amazon. Designing ICs is already a niche market, and designing process nodes for IC manufacturing is even more niche. Furthermore, the EU already had technical superiority here: ASML is the company that supplies TSMC with the machinery that powers their 5nm node.
  • pastrami_panda 6y ago
    Sure, I get what you're saying, but I hope you see my point here. Pursuing 2nm lithography (which is something like 1-2 nodes from bleeding edge?) with 135 billion euro surely tells you something about their commitment. I would also point out that many of these companies you mention are immensely scattered. Take anyone and you'll find their resources spread across an evergrowing domain/portfolio. I'm not saying it's bad that Apple is developing cars and Facebook VR headsets - I'm just saying it spreads them thinner. If the EU found it valuable enough to pursue e.g search within the next five years it's not at all unfeasible or unreasonable to do so. It might even be better for the greater good of the internet frankly.