EU Agrees to $47B Plan to Fund Chip Production to Reduce Foreign Reliance: Report

Seeking Alpha2022-11-24

The European Union agreed to a $46.6B (45B€) plan on Wednesday to fund chip production on the continent as it looks to reduce its need for foreign semiconductor manufacturing, Reutersreported.The news...

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Comments

K20
2022-11-24
K20
Okay
Steve5671
2022-11-24
Steve5671
Great news 🎊
- ACECHUA:
  Ok
- gunsonfire:
  May drive up cost of semicon though
LouisKangean
2022-11-24
LouisKangean
Like
- WalkerWoon:
  Ok
KW1
2022-11-24
KW1
Ok like
- onglaihuat:
  g
JC888
2022-11-24
JC888
Is this a sure sign of the rise of "protectionism" raging across the continent? What has happened to the economics teachings of "Economies of Scale"? Looks like thrown out of the window? Where does that leave smaller countries without natural resources? Sleep with the enemies? More importantly is both EU and US "too late" in the semicon race for self sufficiency? It will take years to construct the foundry and even more years to build a talent pool? Will resrc be better spent n deployed elsewhere? Food for thots....
- JC888:
  Hi, pls remember to give a "Like" if you find posting interesting. The rating is important to me. Tks tks!
- Vandalart:
  Looks like it!
- MamaLeeReplyJC888:
  K
- LouisKangean:
  Ok
- JC888:
  Yes n no. No becos the overall system is threatened. The pandemic made things ran in different order / sequence... A "natural" force that made everyone questions... no?
V K
2022-11-24
V K
Alright
- KW1:
  ok

Leave a comment

148

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class=\"s1\">Ok</span>"},{"id":104938305,"gmtCreate":1669259566542,"gmtModify":1669259579798,"authorId":3582251522172350,"author":{"id":3582251522172350,"idStr":"3582251522172350","authorId":3582251522172350,"name":"gunsonfire","avatar":"https://static.tigerbbs.com/6b74c7a33fa03de37c4879761460f702","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9968588122,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">May drive up cost of semicon though</span>","text":"<span class=\"s1\">May drive up cost of semicon though</span>","html":"<span class=\"s1\">May drive up cost of semicon 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class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9968591356,"gmtCreate":1669251635676,"gmtModify":1676538173577,"author":{"id":"3563714281601583","authorId":"3563714281601583","name":"KW1","avatar":"https://static.tigerbbs.com/094e3f8fd8b3de3da976515926ed1403","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3563714281601583","authorIdStr":"3563714281601583"},"htmlText":"Ok like","listText":"Ok like","text":"Ok like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968591356","repostId":1123826429,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104936223,"gmtCreate":1669252509774,"gmtModify":1669252522904,"authorId":3585648549833646,"author":{"id":3585648549833646,"idStr":"3585648549833646","authorId":3585648549833646,"name":"onglaihuat","avatar":"https://static.tigerbbs.com/8beed4d730329353a71b58a536060ca8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9968591356,"type":1,"supId":0,"prevId":0,"content":"g","text":"g","html":"g"}],"langContent":"EN"},{"id":9968505517,"gmtCreate":1669250990740,"gmtModify":1676538173430,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3570103090255456","authorIdStr":"3570103090255456"},"htmlText":"Is this a sure sign of the rise of \"protectionism\" raging across the continent? What has happened to the economics teachings of \"Economies of Scale\"? Looks like thrown out of the window? Where does that leave smaller countries without natural resources? Sleep with the enemies? More importantly is both EU and US \"too late\" in the semicon race for self sufficiency? It will take years to construct the foundry and even more years to build a talent pool? Will resrc be better spent n deployed elsewhere? Food for thots....&nbsp;","listText":"Is this a sure sign of the rise of \"protectionism\" raging across the continent? What has happened to the economics teachings of \"Economies of Scale\"? Looks like thrown out of the window? Where does that leave smaller countries without natural resources? Sleep with the enemies? More importantly is both EU and US \"too late\" in the semicon race for self sufficiency? It will take years to construct the foundry and even more years to build a talent pool? Will resrc be better spent n deployed elsewhere? Food for thots....&nbsp;","text":"Is this a sure sign of the rise of \"protectionism\" raging across the continent? What has happened to the economics teachings of \"Economies of Scale\"? Looks like thrown out of the window? Where does that leave smaller countries without natural resources? Sleep with the enemies? More importantly is both EU and US \"too late\" in the semicon race for self sufficiency? It will take years to construct the foundry and even more years to build a talent pool? Will resrc be better spent n deployed elsewhere? Food for thots....","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":36,"commentSize":26,"repostSize":0,"link":"https://ttm.financial/post/9968505517","repostId":1123826429,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104937074,"gmtCreate":1669255226866,"gmtModify":1669255240606,"authorId":3570103090255456,"author":{"id":3570103090255456,"idStr":"3570103090255456","authorId":3570103090255456,"name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.23","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":9968505517,"type":1,"supId":0,"prevId":0,"content":"Hi, pls remember to give a \"Like\" if you find posting interesting. The rating is important to me. Tks tks!","text":"Hi, pls remember to give a \"Like\" if you find posting interesting. The rating is important to me. Tks tks!","html":"Hi, pls remember to give a \"Like\" if you find posting interesting. The rating is important to me. Tks tks!"},{"id":104936857,"gmtCreate":1669254744313,"gmtModify":1669254757380,"authorId":4099453932805960,"author":{"id":4099453932805960,"idStr":"4099453932805960","authorId":4099453932805960,"name":"Vandalart","avatar":"https://static.tigerbbs.com/f5110907fea66e085f556c4e5fe74cc5","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 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it!</span>"},{"id":104936590,"gmtCreate":1669253931457,"gmtModify":1669253945463,"authorId":3579998898288031,"author":{"id":3579998898288031,"idStr":"3579998898288031","authorId":3579998898288031,"name":"MamaLee","avatar":"https://static.tigerbbs.com/3b65143242ad70cd231ddce7436fdb25","vip":1,"currentWearingBadge":{"badgeId":"4e86300037264823b9bb00ff44fc0f19-6","templateUuid":"4e86300037264823b9bb00ff44fc0f19","name":"Live trading challenger","description":"for 12 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