Story 1: EU Chips Act II draft would let the Commission invest directly in fabs
Why it matters: A more active EU role could reshape where semiconductor capacity gets built and how resilient supply chains become.

Bloomberg: EU Chips Act Revamp Would Let Commission Invest Directly in Fabs

Story 2: Over 40% of UK firms suffered a cyber attack last year, survey finds
Key figures: Forty three percent of businesses reported a breach or attack; roughly six hundred twelve thousand businesses reported at least one incident; phishing affected thirty eight percent.

Reuters: Over 40% of UK firms suffered cyber attack last year, survey finds

Story 1: GitHub rushed to fix a critical remote code execution vulnerability in less than six hours after it was reported by Wiz Research, and said a forensic review found no signs of exploitation.

The Verge — GitHub rushed to fix a critical vulnerability in less than six hours

Story 2: A London tribunal ruled Microsoft must face a mass lawsuit that could be worth up to two point one billion pounds, alleging it overcharged customers to run Windows Server on rival cloud providers.

Reuters — Microsoft must face two point eight billion dollar UK lawsuit over cloud computing licences

Story 1: Intel’s AI CPU demand and upbeat outlook
Intel’s shares surged as it pointed to unusually strong demand for CPUs from AI service providers, underscoring that the AI buildout is expanding from training into inference and broader data-center footprints.

• Key figures: Intel shares rose more than 24% to about $83; market cap topped $416B; Intel traded around 90x next-12-month earnings; more than 23 brokerages raised price targets, with a median target of $75 (up from $46.50 about a month earlier).

Source: Reuters

Story 2: Vercel April 2026 security incident
Vercel said an attacker gained unauthorized access to certain internal systems after compromising a third-party tool used by an employee, then pivoting through the employee’s Google Workspace and Vercel accounts to access some non-sensitive environment variables.

• Key details: Vercel traced the origin to a compromise of Context.ai; it published incident updates across April 19–24; and said it found no evidence that npm packages published by Vercel were compromised.

Source: Vercel Security Bulletin

Top stories today

1. Google deepens its bet on Anthropic — Google plans to invest up to 40 billion dollars in Anthropic, starting with 10 billion dollars, with up to 30 billion dollars more tied to performance benchmarks. Anthropic’s valuation was cited at about 380 billion dollars. CNBC
2. Intel’s AI CPU demand surprises the market — Intel shares jumped more than twenty four percent to around eighty three dollars, pushing market value above four hundred sixteen billion dollars, as demand from AI service providers helped drive an upbeat outlook. Reuters

Why it matters for business leaders: Big Tech is making long-horizon investments to secure compute capacity and distribution, while the semiconductor supply chain for AI workloads is broadening beyond a single chip category. Expect knock-on effects in availability, pricing, and vendor strategy.