Why on earth should the European taxpayer pay for 450mm development? Only six companies: TSMC, Samsung, Intel, Toshiba, GloFo and IBM can afford a 450mm fab - and they are all foreigners.

So why has Intel, IMEC, ASMI, ASML, Fraunhofer, Siltronic, Soitec, Recif Technologies and Fraunhofer formed EEMI-450 and asked for ENIAC funding to develop 450mm technology?

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