and what instruction set will this be using? Instruction set? What's that?

A bit like the idea to combine all of the car companies from a great manufacturing nation, including some of the greatest names in the history of motoring, into one single giant company that ended up being flogged for £10.

IIRC it took airbus 10 years after it was created to integrate its parts and that with constant interference from European national gov'ts and the EU. The most impressive thing about Airbus' marketing production jets was not their specs, but their mere existence in the face of the BS the company was subjected to. 

But, hey, it does take a decade to design and start shipping an airliner - lots of time for the politicos to do their thing.

Does anyone think this will work with a chip company? Let's see: the ALU and cache controller can be designed in England, the FP unit designed in Italy and onee built in each of Germany, Netherlands and Scotland, the cache built in Spain. Poland will hold out for at least 100k transistors of unspecified function.

The chip will be assembled, where else?, in France.

Did I forget something? Hmmm. Oh! The pins! Well, I suppose we can let the Serbs or Croats make the pins. They're good with pointy things.