alt Hacker NewsCome on, STM, Nordic, Infineon, NXP are all European. There is a bunch of chip-making installations in Dresden, Germany (Global Foundries, Bosch, etc), and there's Intel Fab 34 in Ireland. BTW TSMC is planning to open a production facility in Europe in 2027.
This is not comparable to Taiwan or the Shenzen area, but it's definitely not nothing. Some local expertise exists, even though it may be not the most cutting-edge.
ASML, which is based in the Netherlands, produces chip-making machines which TSMC and everyone else use to produce said chips. I think they got some expertise too :)