As the new round of negotiations between the EU and the United States deepens, more details of the EU-U.S. tariff agreement are emerging.
According to the latest reports, the EU plans to purchase €40 billion worth of artificial intelligence chips as part of its trade agreement with the United States. Following the news, most U.S. chip stocks rose in pre-market trading, with Nvidia up over 1%.
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According to earlier reports from CCTV News, the United States has reached a tariff agreement with the EU with a 15% tax rate. Trump stated that the EU will increase its investment in the United States by $600 billion compared to before, and the EU will purchase U.S. military equipment and $750 billion worth of U.S. energy products.
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- The EU and the US are advancing in negotiations regarding a tariff agreement, revealing more details.  
- The EU plans to purchase €40 billion worth of AI chips as part of the trade deal, leading to a rise in US chip stocks, including a more than 1% increase in Nvidia.  
- Additionally, a 15% tariff agreement has been reached, with the EU expected to increase investments in the US by $600 billion and purchase $750 billion in US energy products.  

U.S. chip stocks rose broadly before the market opens, as the EU may purchase €40 billion worth of AI chips in the U.S.-EU trade agreement