EU Wants Crisis Powers to Seize Control of Chip Supplies

EU wants crisis powers to seize control of chip supplies

The EU is seeking crisis powers over chip supplies under a draft law, and chipmakers may be forced to override existing contracts; the post does not disclose activation thresholds or enforcement timelines.

Why it matters: FT reports an EU draft crisis power over chip allocation, including forcing suppliers over existing contracts, so HKR-H/K/R pass. Missing thresholds and duration keep it below a major enacted policy story.