The EU is preparing emergency powers to intervene in Europe's semiconductor supply chains during shortages, including forcing chipmakers to override existing contracts, FT reports

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The EU is preparing emergency powers to intervene in Europe's semiconductor supply chains during shortages, including forcing chipmakers to override existing contracts, FT reports

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  • The draft law would also enable common purchasing to boost the bloc's negotiating power.
  • The move reflects growing European fears that semiconductors could become a tool of economic coercion amid Beijing-Washington tensions and reliance on Taiwan for high-performance chips.

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