The US is slowly bleeding its tech supremacy to EU. I guess losing manufacturing to China wasn't lesson enough.
There is no Google or Apple or Microsoft though, and accordingly a lot of the network effects and institutional knowledge is lacking.
I do very much concur that there is no European competition for US IT supremacy on the horizon any time in the next decades.
China is a different story...
A laughable statement. Who was it again that was pleading on their knees to reserve ASML capacity for them?