Nvidia Rival Euclyd Seeks $118 Million as Europe’s AI Chip Market Gains Momentum
Dutch chip startup Euclyd is targeting at least €100 million in funding as Europe ramps up efforts to compete in the fast-growing AI semiconductor market.
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Dutch chip startup Euclyd is targeting at least €100 million in funding as Europe ramps up efforts to compete in the fast-growing AI semiconductor market.
The Netherlands plans to impose a 36% tax on unrealized gains from stocks, bonds, and cryptocurrencies starting in 2028. Critics warn the move could drive investors to shift capital abroad.
ASML shares surged to a new all-time high, pushing the company’s market capitalization above $500 billion as strong results from TSMC reignited optimism across the global semiconductor sector.