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Market Chatter: US Proposes AI Partnership With EU to Secure Chip Supply Chains

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The US is looking to partner with the EU on AI in an effort to secure supply chains for semiconductors amid increasing competition from China, Bloomberg reported Thursday, citing a draft statement of the proposal.

EU member state ambassadors were briefed on the proposal this week, the report said, citing people familiar with the matter.

The White House didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $196.05, Change: $-2.86, Percent Change: -1.44%

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