Europe faces ‘decades’ trying to rid itself of its global semiconductor chip dependency, major tech consulting chief says

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Europe is locked in a “friendshoring” tussle that looks unlikely to go away any time soon. It threatens to upend the continent's access to energy, food, and semiconductors. Attempts to shore up supplies of the latter, though, will be a decades-long process. That’s the verdict of Capgemini CEO Aiman Ezzat, who in an interview with Fortune offered a bracing wake-up call to a continent struggling to grow its economy and stuck in the middle of a wave of geopolitical crises. A study published by the global tech and sustainability consultant last week found around half of business leaders, particularly those...