In recent years, the semiconductor sector has emerged as the epicenter of high-tech rivalry among nations. The European Union (EU) has rolled out a chip subsidy program, with the ambitious goal of securing a 20% share of the global chip manufacturing capacity by 2030 and achieving mastery over cutting-edge process technologies like 2nm. Nevertheless, the EU's blueprint for chip development has run into significant hurdles, as Intel has scrapped its plans to construct advanced-process chip fabrication plants within the EU, opting instead to concentrate on maintaining its advanced-process production capabilities in its home turf, the United States.
