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Here's your afternoon T&B Tech Minute for Friday, February 20th. I'm Julie Chang for the Wall Street Journal.

Shares of European companies that supply equipment to produce or assemble semiconductors rose after the U.S.

Supreme Court ruled President Trump's global tariffs are illegal. Shares of Dutch company, ASML holding, which supplies chipmaking equipment, are up around half a percent. Meanwhile,

shares of small arrival, ASM International, are up around 1%. And shares of BE semiconductor industries,

another Dutch company that supplies equipment to assemble semiconductors,

are up more than 7.5%. In July, the EU struck a trade deal with the U.S. that set a 15%

tariff ceiling on semiconductor exports. We exclusively report that Google is looking to expand the

market for its AI chips to better compete with market leader Nvidia. Google's chips are

seeing wider AI adoption, but the company is dealing with several challenges, including

manufacturing bottlenecks and limited cloud computing interest. That's according to people familiar

with the matter. Sources say Google is increasing its financial support to data center partners

to expand its potential market. For instance,

the company is in talks to invest around $100 million in cloud computing startup FluidStack,

which would value it at $7.5 billion. And the U.S. today welcomed India as the newest member

of Paxilica, a group of nations that aims to counter China's influence in

new technology and AI. A State Department official for economic affairs said in an interview that the

bloc isn't just about China, though, and that the group seeks to prepare for the AI era and prevents

stifling global AI regulation. India's decision to join Paxilica was driven partly by difficulties securing rare earths and magnets from China.

Other nations of the group include Japan, South Korea, Israel, and the United Arab Emirates.

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