EU Chips Act revamp would let the Economic Commission invest directly in fabs, according to reports
The proposed revamp of the EU Chips Act to allow direct investment in semiconductor fabs by the Economic Commission could significantly enhance the EU's strategic positioning in the global chip industry.
India's April gold imports set to fall to a three-decade low of 15 metric tonnes (vs 35 tonnes a year ago), according to sources
US PRE-MARKET MOVERS: GOOGL, AMZN, MSFT, META, QCOM, PWR, CVNA, CAT, RCL, LLY, MO, MRK, MA
EU Chips Act revamp would let the Economic Commission invest directly in fabs, according to reports
Citi maintains its gold price targets at USD 4,300/oz for 0-3 months, and USD 5,000/oz for 6-12 months; adds that selling pressure on gold could remain strong in the very near term due to Middle East uncertainty
US GDP Growth Rate QoQ Adv (Q1) Q/Q 2.0% vs. Exp. 2.1% (Prev. 0.5%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This regulatory shift may lead to increased capital flow into European tech firms, bolstering EU equities in the sector and providing a clearer signal to investors about the bloc's commitment to achieving semiconductor self-sufficiency.
Related headlines
- Crystler (STLAM IM/STLAP FP) files to recall over 200k US vehicles5 hours ago
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%5 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results6 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 20266 hours ago
- European Movers: Airbus (AIR FP) -0.7%, Schneider Electric (SU FP) -0.9%, Société Générale (GLE FP) -1.6%, Infineon (IFX GY) -1.9%, Novartis (NOVN SW) -9%, 1 day ago
- Additional European Equity News - 8th September 20261 day ago
- European Equity pre-Market Summary - 8th September 2026: Novartis does not meet Phase 3 primary endpoint; European equity futures indicative of a slightly lower open, as energy picks up1 day ago
- Newsquawk Daily European Equity Opening News - 8th September 20261 day ago
- Fiat Chrysler, now part of Stellantis (STLA IM/STLA FP), will stand trial before the Paris Criminal Court for aggravated fraud in connection with the vast "Dieselgate" scandal, AFP reports, citing a source1 day ago
- Deutsche Telekom (DTE GY), Orange (ORA FP), Vodafone (VOD LN), Telefonica in venture talks (TEF SM); in talks for satellite-to-mobile venture1 day ago
- Novo Nordisk (NOVOB DC) announced first results from the STEP Young phase 3 trial; The trial met its primary endpoint, demonstrating superior body mass index reduction at week 682 days ago
- European Movers: Ferrexpo (FXPO LN) +10%, STMicroelectronics (STMPA FP) +2.0%, ASML (ASML NA) +1.6%, E.ON (EOAN GY) +1.0%, EssilorLuxottica (EL FP) -1.2%2 days ago
- European Equity pre-Market Summary - 7th September 2026: European bourses look set for a muted open, with volumes light as the US takes a holiday2 days ago
- Additional European Equity News - 7th September 20262 days ago
- Newsquawk Daily European Equity Opening News - 7th September 20262 days ago
- Portuguese Government says Air France-KLM (AF FP) and Lufthansa (LHA GY) have been asked to submit improved offers for a minority stake in TAP4 days ago
- EQT (EQT SS) has reached an agreement worth USD 2bln for the acquisition of insurance broker McGill, FT reports citing sources5 days ago
- Wacker Chemie (WCH GY) is reportedly considering closing its US plant after US President Trump's trade policy has driven customers away, according to sources5 days ago
- Chrysler (STLAM IM/STLAP FP) is recalling some 240k vehicles, NHTSA reports 5 days ago
- EUROPEAN OPEN: VOW3 GY approves Future Plan 2030; BAS GY sues AAPL over Face ID patents; ECB authorises BMPS IM-MB IM merger; STLAM IM reportedly accelerates Huawei-JAC alliance in China; Fitch affirms ASML NA5 days ago
The whole workspace, free to try.
Try it free