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EU and Japan look to partner on A.I. and chips as China 'de-risking' strategy continues - TL;DR CNBC

EU and Japan look to partner on A.I. and chips as China 'de-risking' strategy continues

Publishing timestamp: 2023-07-03 08:56:04


Summary

The European Union is seeking closer cooperation with Japan on key technologies, particularly artificial intelligence, as part of its strategy to reduce reliance on China. EU Commissioner Thierry Breton is meeting with the Japanese government to discuss organizing the digital space and establishing a digital partnership council. The EU is also looking to strengthen its semiconductor industry, an area of importance for AI and future technology. The article mentions the U.S.'s approach of decoupling from China and cutting off critical technologies, such as semiconductors, through export restrictions.


Sentiment: NEUTRAL

Tickers: ASML-NL

Keywords: japantechnologyeubusiness newschinacybersecuritylabor economyasml holding nvinternetartificial intelligenceforeign policy

Source: https://www.cnbc.com/2023/07/03/eu-japan-look-to-partner-on-ai-chips-amid-china-de-risking-push.html


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