Nvidia, AMD and Qualcomm have all signed on.

The €10 billion EU stake aims to draw €20 billion in private funding, but the chips are US-designed and export-controlled.

Bidding closes November 12, winners are named in early 2027, and sites go live within 18 months.

Sources: POLITICO, Deutsche Welle, Economic Times, India Today, Anadolu Ajansı