"European chip and auto companies, for their part, are mostly lined up against the idea. They would prefer subsidies for the older-generation chips that are heavily used by car manufacturers and are in short supply.
Many of TSMC's most lucrative customers, such as Apple, are U.S.-based, while its European customer base is made up of mostly of automakers buying less-advanced chips."
Oh boy... This is exactly why EU will always stay third behind USA, China...
"We don't need e mobility, we have the best combustion engines!" Tesla owns VW now.
"We don't need Apple like chips"
This hurts. Apple and rest does many things differently and way better than EU. We should learn from them.
Or do I miss something?
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