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Nvidia faces competition from China’s Huawei amid U.S. sanctions

Nvidia, a prominent chip giant, recently highlighted the increased competition it faces from Huawei, a Chinese telecommunications company, amid U.S. sanctions. In its annual filing, Nvidia included Huawei in its list of competitors for...
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Samsung Exceeds Profit Expectations as AI Boosts Chip Prices

Samsung Electronics announced an impressive increase in its second-quarter operating profit, with estimates showing a more than 15-fold rise compared to the same period last year. The company reported an operating profit of 10.4...
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Micron Stock Slides as Revenue Forecast Misses Estimates

Micron Technology, a leading manufacturer of computer memory and storage, experienced a 7% drop in its stock price during extended trading hours, despite posting better-than-expected results. The focus of investors shifted to the revenue...