Category: Market Trends
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Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars
Japan’s Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) ( IDTI.O ) for $6.7 billion, its second major acquisition as it … ›
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Amazon will dethrone Walmart as the No. 1 retailer of apparel this year, predicts Wells Fargo
Amazon has another milestone in its sights. And this time, Walmart's in the crosshairs. The e-commerce giant will be the No. 1 seller of … ›
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Micron Technology plans $3 billion expansion of Virginia plant
Chipmaker Micron Technology Inc said Wednesday it plans to spend $3 billion over the next 12 years to expand a plant in Virginia about 40 … ›
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Ontario to include Tesla in rebate program after court decision
Ontario will include some Tesla Inc car owners under its rebate plan as the province winds down an incentive program for electric cars, the … ›
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Qualcomm settles anti-trust case with Taiwan regulator for $93 million
Mobile chipmaker Qualcomm Inc will settle an anti-trust case with Taiwanese regulators for about $93 million, and has also pledged to invest … ›
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Intel sold $1 billion of artificial intelligence chips in 2017
Intel Corp on Wednesday said it sold $1 billion of artificial intelligence processor chips in 2017, the first time the world’s … ›
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China’s Dada-JD Daojia raises $500 million from Walmart, JD.com
Dada-JD Daojia, a Chinese online grocery and delivery firm, said on Thursday it has raised $500 million from Walmart Inc and JD.com Inc in … ›
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Blockchain firm Soluna to build 900MW wind farm in Morocco: CEO
Blockchain company Soluna plans to build a 900-megawatt wind farm to power a computing center in Dakhla in the Morocco-administered Western … ›
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Qualcomm ends $44 billion NXP bid after failing to win China approval
Qualcomm Inc walked away from a $44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval, … ›
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China says it is still open to talks on scrapped Qualcomm-NXP takeover
China’s market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm Inc’s $44 billion … ›