NXP Semiconductors’ CEO estimates the EU must invest €500B to hit its goal of a 20% global share in chips by 2030, well short of the EU Chips Act’s €43B package (Tristan Fiedler/Politico)

Tristan Fiedler / Politico:
NXP Semiconductors’ CEO estimates the EU must invest €500B to hit its goal of a 20% global share in chips by 2030, well short of the EU Chips Act’s €43B package  —  DRESDEN — The leader of one of Europe’s most prominent microchips companies on Thursday warned the bloc’s intended investment …

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Micron plans to invest ~$15B in a new memory manufacturing fab in Idaho, spending a total of $40B in the US by 2030, with grants and credits under the CHIPS Act (Yuvraj Malik/Reuters)

Yuvraj Malik / Reuters:
Micron plans to invest ~$15B in a new memory manufacturing fab in Idaho, spending a total of $40B in the US by 2030, with grants and credits under the CHIPS Act  —  Micron Technology Inc (MU.O) will invest about $15 billion over the next 10 years in a new memory-chip manufacturing facility in Boise …

Samsung Electronics pledges to invest $5B+ in R&D on tech to achieve net zero emissions for its devices business by 2030 and across the company by 2050 (Joyce Lee/Reuters)

Joyce Lee / Reuters:
Samsung Electronics pledges to invest $5B+ in R&D on tech to achieve net zero emissions for its devices business by 2030 and across the company by 2050  —  Samsung Electronics (005930.KS) will invest over 7 trillion won ($5.02 billion) by 2030 as part of sweeping environmental initiatives aimed …

A look at Huawei’s future in Europe, as sources say the company is scaling back in the UK, France, and Belgium to focus on China, following US sanctions (Politico)

Politico:
A look at Huawei’s future in Europe, as sources say the company is scaling back in the UK, France, and Belgium to focus on China, following US sanctions  —  The Chinese tech giant is scaling back in Brussels, Paris and London and pivoting to its domestic market.  —  Laurens Cerulus and Sarah Wheaton

Sources: the EU plans light-touch rules for Airbnb and other rental companies, including providing data on usership, in a bid to unify laws across the bloc (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters:
Sources: the EU plans light-touch rules for Airbnb and other rental companies, including providing data on usership, in a bid to unify laws across the bloc  —  Airbnb (ABNB.O) and other short-term home rental companies will have to provide data on numbers using their services and how many nights …

Omdia: in 2022, Alphabet, Amazon, Meta, and Apple are on pace to take 68% of ~$500B in online ad revenue made by non-China companies, driven by video campaigns (Patricia Nilsson/Financial Times)

Patricia Nilsson / Financial Times:
Omdia: in 2022, Alphabet, Amazon, Meta, and Apple are on pace to take 68% of ~$500B in online ad revenue made by non-China companies, driven by video campaigns  —  TV and film companies are racing to capture some of the marketing cash pouring into the likes of YouTube