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EU unveils plan to cut reliance on US, Asian tech

The European Union unveiled a sweeping technology sovereignty plan in Brussels on June 3 to expand domestic semiconductor, cloud and artificial intelligence supply chains.

The package aims to reduce dependence on US and Asian firms, which matters because Europe currently relies heavily on foreign platforms for key digital infrastructure.

  • Europe has long sought a stronger role in chipmaking after decades of manufacturing shifted to Asia.
  • The EU can fine large technology companies under competition and digital market rules, giving it unusual leverage globally.
  • Brussels is the EU's main administrative center and a frequent site for major bloc-wide policy announcements.