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Re:Mistral Large 4 by umpalumpaaa on Tuesday October 06, 2026 @11:47AM (#49980248)
I think you picked the cutoff (70) so that the numbers look worse than they are. If you look at the top 100 it’s 16 (EU) vs 4 (Switzerland).

16 is still not good enough. That being said none of the 4 companies from Switzerland are in software and hardware. ABB is maybe the closest (data center electricity).

Also Switzerland is a very very rich country. Neutral.

Also other countries like Germany has a lot of small companies that are world leaders in their field. That’s part of Germanys resilience.

Re:Mistral Large 4 by niklasrde on Tuesday October 06, 2026 @12:01PM (#49980460)
The EU accounts for 14% of global GDP, so accounting for 16% of top 100 in market cap isn't terrible (if we're weighing each in the top 100 equally).
Re:Mistral Large 4 by hn_throwaway_99 on Tuesday October 06, 2026 @02:40PM (#49982355)
It's not like those are independent variables though. The idea is that if Europe were more competitive and did a better job fostering innovation then both its percentage of global GDP and top companies by market cap would be higher.
Re:Mistral Large 4 by eloisant on Tuesday October 06, 2026 @02:51PM (#49982460)
and 5% of the population so still not too bad
Re:Mistral Large 4 by lcnPylGDnU4H9OF on Tuesday October 06, 2026 @02:46PM (#49982418)
> I think you picked the cutoff (70) so that the numbers look worse than they are.

Reminds me of a point I heard about sports statistics. If a given team is reported as having "won 4 out of their last 7 matches", there are good odds that they also won 4 out of their last 8 matches. Also pretty good odds that their seventh-last match was a win, otherwise the stat would be 4 out of 6. (It could also go the reverse direction if the goal is to make it look worse than it is.)

Re:Mistral Large 4 by cccbbbaaa on Tuesday October 06, 2026 @03:42PM (#49983074)
Judging by rank is a bad metric anyway. Why should ST, Infineon, NXP, Arm (UK, not EU), Airbus, Safran, etc. be considered irrelevant because they are not in the top 70 or 100?
Re:Mistral Large 4 by i_love_retros on Tuesday October 06, 2026 @10:43AM (#49979274)
Bro there's more to life than software and hardware. Try to get outside today :)
Re:Mistral Large 4 by metalliqaz on Tuesday October 06, 2026 @01:12PM (#49981330)
Those are the aspects most relevant to HN, though.
Re:Mistral Large 4 by wafngar on Tuesday October 06, 2026 @01:32PM (#49981609)
You are proud of tax evasion? Would be fun to restrict market access for Swiss companies …
Re:Mistral Large 4 by mopsi on Tuesday October 06, 2026 @02:35PM (#49982297)

  > And let's not forget: there were promises made to Russia to never grow the EU to the east. Then the EU started exciting Russia by saying they'd incorporate Ukraine into the EU: I'm not against that but doing that did trigger a war.
Simply not true. The EU is a democratically elected body and nobody can give any promises what their successors will or will not do, because that will be decided by the electorate and not by any current official.

Not to mention that the initiative for joining the EU has always been on the side of new members, against the opposition of many existing members who fear displacement and disruption to their positions inside the union. All the narratives about how the West has been "encroaching" upon Russia depend on denying the obvious fact that the initiative has come from Eastern European capitals, not Brussels or Washington.

Re:Mistral Large 4 by Toutouxc on Tuesday October 06, 2026 @02:57PM (#49982550)
I feel like this posts says more about yourself than about the EU.
Re:Mistral Large 4 by cccbbbaaa on Tuesday October 06, 2026 @03:00PM (#49982585)
No hardware besides ASML? Nonsense.
Re:Mistral Large 4 by doe88 on Wednesday October 07, 2026 @08:19AM (#49991739)
I once read, UK was the first in the industrial revolution and the first to get out of it. Maybe Europe has just gone post-hardware. Not sure it will work though...
Re:Mistral Large 4 by cccbbbaaa on Wednesday October 07, 2026 @08:32AM (#49991874)
Europe has plenty of hardware if you look outside of the top 70 companies by market cap. Even in this arbitrary selection, GP missed Arm.
Re:Mistral Large 4 by IlikeMadison on Tuesday October 06, 2026 @03:37PM (#49982999)
> Well I'm european and...

Yea sure. You sound like a typical Russian bot.

Re:Mistral Large 4 by danielovichdk on Wednesday October 07, 2026 @01:23AM (#49988579)
You live in a small scared country with the same kind of people all around you, with very little diversity.

Your taxation was the only thing your otherwise poor country could come up with. And now you only have this little enclave which silently melts away while you get stuck there, scared of the rest of the world.

The Swiss are a special breed. Too small to bark, too small to make an impact, but just small enough for the rest of us to laugh at when some rich dude can't understand why the rest of the world doesn't want to be like that.

You're scared of the world, not one bit interested in making it a better place for all mankind. Wanker

Re:Mistral Large 4 by imtringued on Wednesday October 07, 2026 @06:32AM (#49990827)
>We could also maybe make a bit fun of how the EU destroyed it's car industry (the main industry in Germany, which is the biggest economy of the union) by handing it all to chinese EVs?

How to get causality backwards 101.

Observation 1: China does something (invest into solar panels, batteries, electric vehciles).

Observation 2: EU Politicians made a far away promise to do it too by 2035.

Observation 3: German car manufacturers do absolutely nothing.

Observation 4: EU politicians softened their targets in 2026.

Wrong Conclusion: EU is to blame for the destruction of the German car industry. The industry should have stayed with ICEs until it disappears and no longer exists.

Correct Conclusion: EU should have beaten and forced the car industry to adapt and beat the Chinese at their own game. This would lose some jobs, but the car industry would remain in Europe.