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US crackdown on advanced chips opens up opportunity for China to use old technologies


US crackdown on advanced chips opens up opportunity for China to use old technologies

Since 2022, the US has focused on restricting Chinese production of high-end semiconductors. The Commerce Department has imposed restrictive export controls and allocated tens of billions of dollars to encourage the production of advanced chips in the US. In response, China has developed its own policies – focusing heavily on less advanced but widely used […]

Gerteric Lindquist, CEO and Managing Director of NIBE Industrier (publ), comments on the first half of 2024


Gerteric Lindquist, CEO and Managing Director of NIBE Industrier (publ), comments on the first half of 2024

NIBE Industries AB First half of the year marked by major adjustments The action plan is being implemented against the backdrop of massive inventory reductions in the distribution chain, persistently high interest rates and historically low housing production – at the same time, we expect a gradual improvement in demand in all three business areas […]

Get ready! Intel’s stock price plunges to 10-year lows and faces the worst day on Wall Street in half a century


Get ready! Intel’s stock price plunges to 10-year lows and faces the worst day on Wall Street in half a century

Get ready! Intel’s stock price plunges to 10-year lows and faces the worst day on Wall Street in half a century Intel shares fell 26% to $21.48, the lowest share price since 2013, putting the market capitalization below the $100 billion mark. The company had previously released a disappointing earnings report and announced a comprehensive […]