Broadcom (AVGO.US) cancels plans for Spanish chip factory, EU chip localization strategy encountering setbacks.

According to the Financial Intelligence APP, informed sources revealed that American chip giant Broadcom (AVGO.US) has officially canceled its plan to invest in and build a microchip factory in Spain. This decision marks a major setback for the EU's strategy to expand domestic semiconductor capacity, and also reflects the profound impact of geopolitical changes on cross-border technology investments.