EU faces pressure to reduce dependence on US tech amid strained relations, pursuing “tech sovereignty.” U.S. companies dominate European cloud market; Europe contributes minimally to microchips. Initiatives like EuroStack seek to develop independent tech infrastructure, with major investments needed—estimated costs reach up to €300 billion over ten years.
https://www.politico.eu/article/push-for-eurostack-as-eu-us-tech-tensions-grow/