> EU industry commissioner Thierry Breton, who has championed the Eurofab idea, also spoke with TSMC's Europe president, Maria Marced, last month. Although Breton publicly called the TSMC talk a "good exchange," a second person familiar with the matter said the TSMC talks in Europe have gone "very poorly."
Sometimes it seems that EU politicians want to be seen as cutting a hard bargain with industry that they actually harm themselves and the EU. A big example was with the COVID vaccines. The EU felt the need to be seen as striking a good bargain, that for want of a few Euros per dose, they missed out getting the vaccine much earlier. With chips, if you really want the EU to be at the cutting edge of tech, you need these cutting edge fabs in the EU.
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