China is pushing RISC V aggressively, and might be a lot more likely to succeed in making competitively powerful cores than €240M pounds spent in Europe, where money won’t go nearly as far.

I imagine one of the biggest constraints on success here is just expertise. If Apple’s hardware team, or Qualcomm’s Oryon team were tasked with making a high performance RISC V CPU, I’m sure they could crank out something incredible pretty quick. But I have a feeling practical expertise on this sort of cutting edge hardware design is a rare thing. Frankly no idea how this human capital compares between Europe and China, but I’ll be excited to see progress and genuine competition on open architectures like this