I would love to see Europe build its own semiconductor industry. We already have ASML and ARM, and they want to reduce dependency on the rest of the world, so why not do the actual production itself?

But I don't see anything moving yet.

Qimonda was dropped for austerity reasons in 2009 or so, its IP got sold to the Chinese and was used to make CXMT into what it is today. You can't just start up the whole decades long process especially when you got free trade agreements with countries making the superior product.