AGP Executive Report
Last update: 6 hours agoAI & Chips: TSMC CEO C.C. Wei says AI demand is still strong and he’d “like” to raise chip prices, while stressing the company won’t do sudden hikes like memory makers. EU Tech Sovereignty: The European Union rolls out a “technology sovereignty” package to limit access for US cloud giants in sensitive tenders and push data centres using more European tech. Energy & Water Strain: A UN report warns AI-driven data centres could nearly double electricity use by 2030 and sharply increase water demand, with cooling a key driver. Dutch Biotech & Health: Pharming says the US FDA accepted its resubmitted sNDA for Joenja (leniolisib) for children aged 4–11 with APDS, with a PDUFA target date of Oct 24, 2026. Cultivated Food in the Netherlands: RespectFarms inaugurates the world’s first cultivated meat farm in South Holland, using a farm-integrated “scale-out” model. Semiconductor Supply Chain: The Netherlands is also in the mix of EU drone financing for Ukraine, with Dutch aid earmarked for drone acquisition and production. Netherlands Business & Talent: Amsterdam is highlighted as a fast-growing European HQ hub, boosted by its tech and AI start-up ecosystem. Cyber/Compliance: Virtune updates the price source behind its crypto index ETP NAV calculations, switching from CCData to BITA.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.