I'm looking forward to our market share doubling from almost nothing to almost nothing. Still, not a terrible idea.
Presenting in terms of marketshare is maybe not the best metric. My understanding is that the EU motivation here isn't so much the chips themselves as is it a stable supply chain for industries that rely on said chips.
It might be better to measure what percentage of existing EU "critical demand", for some definition of "critical demand", can be met domestically.
That is, the EU's goal probably isn't "become the dominant player in the chip market" so much as "don't permit problems abroad to knock out critical EU industry". It probably is not the case that they need to have a large percentage of absolute marketshare to achieve that goal.
I'd also add that the US is subsidizing several fabs for what sounds like similar reasons.
Good luck with that
Why the sarcasm?
I apologize if I am incorrect, but chip manufacturing is known to be quite challenging in terms of financial and workforce requirements. I suspect @wintersummerland knows how things work in EU and unfortunately I have to agree that we need a lot of luck to get to this 20% mark.
Yes, and I have a mixture of little faith and Dark thoughts as I m lacking examples of well thought out successful digital growths policies. See European search engine efforts, European cloud initiative (where nextcloud is arguably a promising product, which existed before the EU efforts and I am unsure if it is even being aided by the initive) I'm happy to learn about successful efforts if you know some.
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