Is Europe Too Late to Compete in the Chip War?

Open to Debate, in partnership with Bloomberg, is taking a closer look at a region that is strategizing its best move to become a competitor in the war for AI chip development: Europe. Semiconductors power our modern world, from AI models and smartphones to defense systems and electric vehicles, with control over chip supply chains now seen as a linchpin of power. Currently, the U.S. and China dominate the semiconductor race — America with capital, Silicon Valley culture, and trade restrictions, and China with resources and talent. Europe is often seen as hampered by regulation, labor laws, and limited venture capital. Yet with a near-monopoly on lithography and rising demand for tech sovereignty, Europe may be better positioned than many think. Can it catch up — or is Europe too late to compete in the chip wars? 
  
This debate was created in partnership with Bloomberg as part of the "Bloomberg Tech" conference. It was recorded on October 20, 2025 at 6 PM BST in London, UK. 
 
Arguing "Too Late":  
Zach Meyers, Director of Research at the Centre on Regulation in Europe (CERRE) 
Geoffrey Gertz, Former Director for International Economics at the White House; Senior Fellow at the Center for a New American Security  
 
Arguing "Not Too Late: 
Cristina Caffarra, Economist & Co-founder of EuroStack 
Eric Baissus, CEO of Kalray 
 
Caroline Hyde, Bloomberg Television Anchor and Host of “Bloomberg Technology”, is the guest moderator. 

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#europe #chip #tech

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