>>Yeah but Europe doesn't build any computer hardware,

Well, then this is will be a good start.

EU bureaucrats are too busy trying to keep the welfare/pension system from collapsing, defeating Russia, supporting Ukraine, managing the fossil fuels energy shortages, figuring out how to nerf Chinese EVs while supporting domestic car companies, and restricting social media free speech to make sure the "far right" don't win elections.

So of course, semiconductor manufacturing sovereignty is very low on their priority list.

How many in that list of things is the US also doing?

The US is a single country. Russia is not on the US' doorstep. The US has its own oil. The US prints the world reserve currency.

Different scale for those problems. Way different scale. US is monetary rich, oil rich, energy rich, manufacturing rich, and doesn't suffer from russian aggression at its borders. US is so bored from how rich and problem free it is compared to Europe, that it can afford to keep starting foreign wars as if nothing ever happens.

Also back on the topic, the US managed to bring TSMC to open a cutting edge fab in the US and has already been operational for a while. Which already puts it way ahead of the EU on this front as well.

The thing is, US is much better on actually making things happen when push comes to shove. It saw it's deficient and vulnerable on domestic semiconductor manufacturing, it then made it happen with TSMC. It's doing the same with domestic ship building with Korean partners.

US might be slow moving, but somehow EU is even way slower at realizing and addressing its vulnerabilities, only waking up when it's far too late, causing it to pay a much more painful price for sleeping at the wheel (Russian invaded Ukraine in 2014 BTW, not in 2022, and they were building another gas pipeline with them), and when this type of own-goaling keeps repeating enough times you see the correlation with EU's decline as their economic rivals keep biting more and more market share from their industries as they sleep on critical changes and developments.

That's what bureaucrats are supposed to be doing BTW.

Anyone who uses quotation marks around far right has clearly stated their allegiance.

It is no wonder then that such a person would do their best to poo-poo the worlds most successful peace project and the bastion of rule of law.

And yet, the ESMC Dresden fab is getting built. And now there's a Chips Act 2.0.