Bloomberg in partnership with Open to Debate hosts a debate. The U.S. and China dominate the semiconductor race — America with capital, Silicon Valley culture and trade restrictions, China with resources and talent. Europe is often seen as hampered by regulation, labor laws and limited venture capital. Yet with a near-monopoly on lithography and rising demand for tech sovereignty, Europe may be better positioned than many think. Can it catch up — or is it too late? (Source: Bloomberg)