semiconductors are manufactured on large discs called wafers, which are then split into thousands of smaller pieces the individual chips themselves. While Europe does have some production capacity for 300mm wafers, it is very far behind the US and Asia. There are also relatively few firms within the EU that design new chips for use in technology products. That is in stark contrast to the US, which already has a sizeable semiconductor design industry. What plan do you think Europe need to curb chip shortages ?

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