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EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

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Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#6
post #3

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.

They could get into chip dev for that amount of investment money. But of course EU will just waste the money as always.

Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#7
post #4

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...

Just pork. Commitment is irrelevant because no real results are expected. Also, election terms make any real commitment unlikely, because results will only come for your successor in office.

Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#9
post #4

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.

Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#10
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.
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