Europe's AI ambitions rest on somebody else's supply chain

Europe is one of the world's largest markets for AI datacenter infrastructure, but its own local companies capture only a fraction of the value, because overseas suppliers dominate chips, servers, and cloud infrastructure. According to the Global Electronics Association (GEA), EU-headquartered companies account for only six percent of the bloc's datacenter semiconductor market, seven percent of server manufacturing and assembly, and eight percent of cloud infrastructure.