Europe's AI ambitions rest on somebody else's supply chain

Europe’s push to scale AI and datacenter capacity is constrained by heavy dependence on non-EU suppliers, with local firms capturing only small shares of chips, server assembly, and cloud infrastructure. For CIOs and technology leaders, the strategic implication is that digital sovereignty, supply chain resilience, and vendor concentration risk will increasingly affect cost, availability, compliance, and deployment choices as governments use policy to localize more of the stack.