The EU will incentivise governments to buy locally made startup chips and has proposed a “Chips Act 2.0” to boost demand for local semiconductors, Reuters reports

Newsquawk StaffPublished 28 May 2026, 16:29 UTCOn the live feed at 16:09 UTC — 5 more headlines followed before this page went public

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16:15

The agreement between Washington and Tehran will be implemented in two phases, Al Arabiya reports citing a diplomatic source

16:10

A consortium comprising Energy Capital Partners and KKR (KKR) is plotting a revised GBP 65/shr offer for DCC (DCC LN), worth about GBP 5.5bln, Sky News reports

16:09

The EU will incentivise governments to buy locally made startup chips and has proposed a “Chips Act 2.0” to boost demand for local semiconductors, Reuters reports

16:00

US EIA Gasoline Production Change (May/22) 0.600M (Prev. -0.446M)

16:00

US EIA Distillate Stocks Change (May/22) -2.107M vs. Exp. -1.43M (Prev. 0.372M)

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Also plans fast-tracked environmental approvals for chip facilities.

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