EU Ready for Coordinated Approach to Advanced Chip Restrictions
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The European Union stands ready to coordinate a bloc-wide approach to export controls on advanced chips, following a decision by the Netherlands to restrict some of its supplies, according to a senior official.
“We are facing a rapidly evolving geopolitical and technological environment and risks coming from emerging technologies like high-end semi conductors, artificial intelligence, quantum, hypersonics, biotechnologies,” Valdis Dombrovskis, vice president of the European Commission, told reporters in Stockholm.