EU Pledges to Buy €40 Billion of US AI Chips

July 28, 2025

European UnionInternational

Summary

On July 28, 2025, the European Commission announced plans to purchase €40 billion worth of U.S.-made AI chips under a new trade deal finalized the day before with President Trump. Commission President Ursula von der Leyen emphasized that these U.S. chips will power European AI infrastructure, while also reinforcing America’s tech leadership.

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