Why do we even want cutting edge fabs in Europe? We have no companies that design cutting edge logic chips here. Literally none. Why invest 20 billion dollars (or what is the price of a cutting edge fab these days?) to create supply without demand?
Or do we seriously expect that US companies will generate significant demand even though TSMC and Samsung are already building heavily subsidized fabs in the US?
Or do we seriously expect that US companies will generate significant demand even though TSMC and Samsung are already building heavily subsidized fabs in the US?