Zach Meyers, Director of Research at CERRE, argues Europe is too late in the chip war, lacking the scale of U.S. and China. In contrast, Geoffrey Gertz emphasizes the need for Europe to focus on vulnerabilities rather than competing directly. Cristina Caffarra champions European tech sovereignty for areas like defense and AI, while Eric Baissus highlights the continent's unique strengths and talent in semiconductor innovation. The discussion navigates funding challenges, geopolitical tensions, and the potential for open-source solutions to break existing monopolies.