Are you telling me the EU, the richest block in the world, has less money to spend on fabs than TSMC, as if the EU is scrapping for change behind the couch cushions.

If only you knew how much money the EU wastes through various useless and vanity projects that accomplish nothing except getting certain well connected people rich, we could have built 3x TSMCs.

But unlike Taiwan, we're lacking in visionary well educated tech leaders, and drowning in clueless politicians and established gentrified industry players who lobby the funds go to their projects instead.