Europe Makes Its Move to Subsidize Semiconductor

choi

On Mar 10, 022 I posted "Geiyo Islands  芸予諸島" where I add "SO NAMED AS IT SPANS 多々羅海峡" to the beginning of the sentence:
"SO NAMED AS IT SPANS 多々羅海峡, 多々羅大橋 links 広島県尾道市の生口島 with 愛媛県今治市の大三島."

Yesterday I posted rone Video Captures Killing of Ukrainian Civilian" where I add the upper-case clause:
Ordinal's corresponding noun is order (WHOSE OTHER ADJECTIVE IS ORDERLY"), derived from Latin noun masculine ordo order.


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Chipmaking | Fabs with Benefits; In the glocal semiconductor arms race, Europe makes its move. Economist, Feb 12, 2022,
https://www.economist.com/busine ... s-its-move/21807603
https://www.fastbull.com/news-de ... europe-makes-517882

Note:
(a)
(i) The table of contents in that issue had the title: Chip-subsidiary war.
(ii) The title "Fabs with Benefits" is a wordplay on a recent term "friends with benefits"
https://en.wikipedia.org/wiki/Friends_with_benefits_relationships
("Unlike more casual relationships (ie sexting, one night stands, and other brief sexual encounters), FWBs continue to have a sexual relationship sans romance. Although it seems similar, FWB relationships differ from casual sex relationships in that FWB relationships are a commitment to continuous casual sex. * * * FWB relationships include friendship and sexual interactions without romance")
(b) "Europe no longer makes any of the most advanced chips of the sort that go into data centres or smartphones (see chart)."
(i) The heading of the chart is "More chips, please, we're European." Which is a wordplay on No Sex Please, We're British.
https://en.wikipedia.org/wiki/No_Sex_Please,_We%27re_British
(ii) Neither the text ("the most advanced chips") nor the chart ("Leading-edge conductor") define terms. The only clue is "Source: Kearney" in the chart. Kearney is a management consultancy founded at Chicago by James McKinsey, whose death in 1727 resulted in the split into two: McKinsey and Kearney, the latter remaining in Chicago.
(iii)
(A) The chart is based on Figure 3 and 4 (at pages 6 and 7, respectively) in
Johan C Aurik, Dieter Gerdemann, Mike Hales, Guido Hertel, Arndt Heinrich, and Denis Hübner, Europe's Urgent Need to Invest in a Leading-Edge Semiconductor Ecosystem. Kearney, Nov 10, 2021 (The "report" itself is undated but Kearney posted it at LinkedIn that day).
https://www.kearney.com/document ... uctor+ecosystem.pdf

Further, its text at page 7 stated European IDMs "began to bail out of thr race toward smaller node sizes: in Europe, BXP halted further development of manufactiuring capabilitues at 140nm, Infinion at 90nm, and STM at 14nm nodes * * * Todaym Europe's small productioncapacotyon 10 and 20nm nodes is almost entirely generated by Intel's fab in Ireland, where the company produces 14nm chips." (footnote omitted).
(B) The report was summarized
https://www.kearney.com/communic ... conductor-ecosystem
, where Figure 3 in the report was reproduced, but the caption in the summary remarked, "Leading-edge process includes 10nm and below process technology in 2020; in 2030 leading-edge process including 5nm and below process technology."

(c) "ASML, a Dutch firm with a market value of €230bn, is the sole global supplier of the lithographic equipment without which fabs cannot etch the most advanced processors. Only Nvidia, an American chip-designer, and Taiwan Semiconductor Manufacturing Company (TSMC) , the world's largest contract manufacturer of chips, are worth more."

The Economist's cover date was Feb 12, 2022, which was Saturday when stock market was closed. The day before, on Feb 11, 2022 TSMC's market cap was $627.57bn, and that of Nvidia, $598.72bn.