AMAZON: RBC RAISES TARGET PRICE TO $320 FROM $300

The European Union’s planned Chips Act II would allow the European Commission to invest directly in semiconductor manufacturing, expanding beyond its previous role of funding research and approving state aid, according to draft details. Expected in late May, the proposal aims to strengthen Europe’s chip industry and reduce reliance on foreign supply chains through large cross-border public-private projects. It also seeks to boost development of key technologies such as chipmaking machinery, materials, and circuit boards. The draft remains subject to change and must undergo negotiations among EU governments and the European Parliament before approval.

欧洲央行行长拉加德：长期通胀预期的大多数指标约为2%。