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US and EU work together to sort out chip shortage US and EU work together to sort out chip shortage
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US and EU work together to sort out chip shortage
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Old 1st October 2021, 07:09   #1
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Default US and EU work together to sort out chip shortage

More unified approach on Big Tech regulation

The United States and European Union agreed on Wednesday to deepen transatlantic cooperation to strengthen semiconductor supply chains, and take a more unified approach to regulating big, global technology firms.

A new forum, dubbed the US-EU Trade and Technology Council (TTC) will include senior cabinet officials from both continents which is pledged to cooperate on the screening of investments on export controls for sensitive dual-use technologies and on the development of artificial intelligence (AI).

The meetings were led by US Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, US Trade Representative Katherine Tai, EU trade chief Valdis Dombrovskis, and European Commissioner for Competition Margrethe Vestager.

https://fudzilla.com/news/53630-us-a...-chip-shortage
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