Considering that you can buy some Raspberry Pi micro computers (these are ARM architecture computers) for less than €100 that are performance competitive with a lot of existing hardware; this idea would make a ton of sense for Europe to implement. I think Europe could probably start designing and manufacturing chips locally within 2 to 5 years on the low end 5 to 10 years on the high end.
Considering that you can buy some Raspberry Pi micro computers (these are ARM architecture computers) for less than €100 that are performance competitive with a lot of existing hardware; this idea would make a ton of sense for Europe to implement. I think Europe could probably start designing and manufacturing chips locally within 2 to 5 years on the low end 5 to 10 years on the high end.
It helps significantly that the EU already has a lot of the necessary expertise at every level.