Europe's dependence on US companies in tech and finance is in no small part its own fault after overregulation left European businesses too weak to compete (The Economist)

The Economist: Europe's dependence on US companies in tech and finance is in no small part its own fault after overregulation left European businesses too weak to compete — It wasn't long after blue jeans, Hollywood blockbusters and Big Macs crossed the Atlantic last century that some worrywarts started fretting …

The US and the Philippines agree to launch a high-tech industrial hub on the island of Luzon to counter China's supply chains; the US will run it as an SEZ (Wall Street Journal)
TSMC SVP Kevin Zhang says the company plans to open an advanced chip packaging plant in Arizona by 2029 and that construction has begun (Reuters)
Sources: Chinese chipmaker YMTC plans to build two more factories in addition to one that will be completed in 2026, more than doubling its production capacity (Reuters)
SK Hynix says it plans to invest ~$12.85B in a new fab in South Korea for advanced packaging to meet AI demand for HBM, with construction starting this month (Reuters)

Source: Techmeme | 2026-04-24

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