Is Europe Too Late to Compete in the Chip War?

Open to Debate

Education, Society & Culture, News, Government, Politics

4.5 • 2.1K Ratings

🗓️ 7 November 2025

⏱️ 53 minutes

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Summary

The U.S. and China are the two largest competitors in the race for semiconductors and in creating the most powerful AI chips. Europe could become a major stakeholder thanks to its demand for tech sovereignty and lithography near-monopoly, while others see the continent as too hampered by regulation, labor, and limited venture capital to get ahead. Now, in partnership with Bloomberg, we debate: Is Europe Too Late to Compete in the Chip Wars? 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. Visit OpentoDebate.org to watch more insightful debates. Subscribe to our newsletter to stay informed on our curated weekly debates, dynamic live events, and educational initiatives. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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0:00.0	Hi, everybody. I'm John Donvan with some exciting news from Open to Debate. For years, we have brought
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0:34.5	at open to debate.substack.com. And thank you for being open to debate and supporting independent nonprofit media.
0:46.9	This is Open to Debate. I'm John Donvan. Hi, everybody. For this debate, we're talking semiconductors, microchips, tiny, increasingly complex with microscopic parts that are capable of running data and processing information, an advanced technology that is often referred to as the new oil.
1:02.5	As we're seeing demand for better and faster chips, chips themselves have become something of a flashpoint between major powers, particularly for the most advanced chips,
1:11.4	which are needed to power AI models.
1:13.3	Everybody wants AI these days.
1:14.6	It's even in our weapons systems, as we explored in a debate just a couple of weeks ago.
1:19.1	The issue up for debate in this episode, what place does Europe have or should Europe have
1:23.5	in this global competition over chips?
1:26.1	This debate took place at the Bloomberg Tech
1:27.8	Conference in London and was hosted by Bloomberg anchor Carolyn Hyde. She is the host of
1:32.8	Bloomberg Television's flagship Daily Technology show. She has also served as anchor of the
1:37.7	close, as well as being the network's chief European correspondent. Oh, and something fun for
1:42.6	long-time listeners. In this one, a return of the
1:45.3	open to debate closing vote. So let's get to it. Thank you. Hello and welcome. I'm Bloomberg TV,
1:57.7	anchor Caroline Hyde. And on behalf of Bloomberg, on behalf of Open to Debate, thank you for tuning in to this debate.
	...

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