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Europe's carmakers compete with AI for chips and materials
Original: Europe’s carmakers compete with AI for chips and critical materials
European carmakers are competing with the fast-growing artificial intelligence industry for supplies of semiconductors and critical raw materials, according to Euronews. As AI data centres expand rapidly, they are driving up demand for chips and materials such as lithium and rare earths that the automotive sector also depends on for electric vehicles, intensifying competition and raising concerns about supply security for European manufacturers.
Why now: AI's surging demand for chips and critical materials is squeezing automotive supply chains at a pivotal moment for the industry's electric transition.
European carmakersEuronewsAI industry
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/474752