- Jun 1, 2017
"In a major push to give Europe pride of place in the global semiconductor design and fabrication ecosystem, 17 EU member states this week signed a joint declaration to commit to work together in developing next generation, trusted low-power embedded processors and advanced process technologies down to 2nm. It will allocate up to €145bn funding for this European initiative over the next 2-3 years."
2nm (whatever that refers to) within the next 2-3. looks to be rather ambitious.
That project site shows it's more of a multi-faceted industrial development, listing five different "technology fields" with several partners each.