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New German finance minister does not plan 2024 budget freeze

Germany's finance minister, Joerg Kukies, assured no budget freeze for 2023 after coalition collapse and outlined plans amid economic challenges and opposition to 2024 budget.

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Vietnam expands chip packaging footprint as investors reduce China links

Foreign firms are increasing chip production in Vietnam amidst a shift from China, with investments in testing and packaging set to expand significantly in the coming years.

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U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.69%

U.S. stocks rose on Monday, with the Dow reaching new heights; notable gains in Consumer Goods and Financial sectors, while some major players like Intel and Moderna faced declines.

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5 ways Trump will change AI according to Deutsche Bank

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Intel's share in notebook, desktop, and servers is the lowest since 2006

Intel's microprocessor market share drops to 68.4%, its lowest since 2006, with AMD and ARM gaining ground across desktop, notebook, and server segments.

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Qualcomm advances on smartphone market revival, Chinese handset launches

Qualcomm's shares rose over 8% after strong Q1 forecasts, benefiting from a smartphone market recovery and new Chinese handsets, despite concerns about declining Apple revenue.

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Analyst explains what likely Trump win means for Big Tech, AI and Tesla

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Japan taps US chip startup Tenstorrent to help train new wave of engineers

Tenstorrent partners with Japan to train chip designers, aiming to revive its semiconductor industry through $50 million deal and collaboration with Rapidus for advanced chip manufacturing.

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Exclusive-Silver Lake, Bain prepare to bid for multi-billion stake in Intel's Altera unit, sources say

Buyout firms Silver Lake and Bain Capital may bid for a minority stake in Intel's Altera unit, which Intel aims to spin off, seeking a return close to its initial $17 billion investment.

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Nvidia, Roblox, Sherwin-Williams rise premarket; Trump Media falls

US stock futures rise amid a significant week with elections and Fed meetings; Nvidia, Roblox, and Sherwin-Williams gain, while Trump Media, Marriott, and Phunware decline.