China and US risks leave Europe’s chip sector facing a bleak future, report warns

AI Today Summary
A recent report by EUISS and Institut Montaigne highlights significant challenges facing Europe's semiconductor industry due to Chinese export restrictions and increasing reliance on US technology and policies. The study emphasizes risks from China's control over critical materials and potential Taiwan Strait conflicts, alongside US legislative measures that could impact European chipmakers like ASML. It suggests Europe focus on leveraging existing strengths rather than pursuing broad chip self-
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