ANTWERP, Belgium (Reuters) - The European Chips Act is on track to help attract more than 100 billion euros ($108.41 billion) worth of private investment to the European semiconductor industry by 2030, a European Commission official said on Wednesday. Thomas Skordas was speaking at a conference in Antwerp about the future of the initiative, which is Europe's answer to similar...

By Ankika Biswas and Lisa Pauline Mattackal (Reuters) -U.S. index futures slipped on Wednesday as investors exercised caution ahead of AI chip leader Nvidia's ( NVDA ) quarterly results and the Federal Reserve's policy meeting minutes due later in the day. All eyes will be on whether semiconductor bellwether Nvidia's ( NVDA ) first-quarter results, due after market close, can...

07:15 AM EDT, 05/22/2024 (MT Newswires) -- Amazon ( AMZN ) Web Services said Wednesday it plans to spend 15.7 billion euros ($17.02 billion) in Spain for data hubs and other cloud infrastructure centered in Spain's Aragon region. Amazon Web Services said it will expand already existing cloud infrastructure and data centers in Aragon, where 40% of an estimated 6,800...

(Reuters) - The U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules to buy now, pay later (BNPL) lenders, the agency said on Wednesday, in a bid to impose more oversight on the fast-growing sector. BNPL providers such as Affirm, Klarna and Afterpay partner with retailers to finance customer purchases, which shoppers repay in installments. The...