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Article says this is for 2-3 years? Seems crazy. Semi-conductor R&D is something where I would expect commitments to be 10 years or more, not just a couple of years...
It's not like we're starting from scratch though, we already have companies and people with ample experience in this field. Not to say that it's not a huge bar to clear or that I don't expect massive delays but I think it's a good thing overall.
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They could get into chip dev for that amount of investment money. But of course EU will just waste the money as always.
> But of course EU will just waste the money as always. As someone working in HPC and EU projects related to this subject, I don't think they'll waste it. Current HPC and processor push is very real now.
Are there any companies in EU who are developing chips now? I only know ASML but that only makes the wafers. I ask as I can't imagine the government doing this. So there must be some company behind this deal.
2nm tech, and not only just the tech, but the whole fab for it in two-three years? that how eu is spending 145 billions while allocating 1bn to fighting covid?
No sure what you mean here. Seems like the EU recovery package is €1,824B. Also, in Sept and Oct they allocated €87.9B in financial support.
The EU farm and many other policies are basically state aid. I’m not against it, but stop with the hypocritical denouncements.
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I don't mind that at all. Covid requres just one vaccine and a bit of time and disrupts mostly businesses that produce just human powered entertainment (and health services which is the worst thing about it). While making the whole new generation of most important machines and landing beyond current cutting edge seem like both pricey and worthwhile endeavor.
bold to assume any new generation machine will come out of this, meanwhile real business that produced real wealth are closing down.
Could you please share some examples? I'm genuinely curious.
It’s almost become normal now that bureaucrats get to decide which social group to spend money on, or which region to renovate buildings in, but the arrogance of thinking you can spend your way to the most cutting edge of current technology is just the next level of bureaucratic arrogance.
So, we're getting an Airbus for Chips? Or will it more be like our Ariane missiles?