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Nvidia forecast beats expectations, but talks on $40 bln Arm deal take longer than expected

Nvidia Corp (NVDA.O) on Wednesday said talks with regulators to clear its $40 billion proposed acquisition of British semiconductor technology firm Arm Ltd are taking longer than expected.

Nvidia and AMD - Chip Sector s Biggest Deals Have High Hurdles to Climb

Worst of sales slump is behind us – Intel CEO

Worst of sales slump is behind us – Intel CEO
mybroadband.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybroadband.co.za Daily Mail and Mail on Sunday newspapers.

Intel sales forecast implies rocky second half of 2021 amid supply constraints

4 Min Read (Reuters) -Chipmaker Intel Corp said on Thursday it still faces supply chain constraints and gave an annual sales forecast that implied a weak end of the year. Intel CEO Patrick Gelsinger attends a meeting with French President Emmanuel Macron (not seen) during an international business leaders meeting for the 4th edition of the Choose France summit in Versailles, France June 28, 2021. Picture taken June 28, 2021. Stephane de Sakutin/Pool via REUTERS The 2021 forecast of $73.5 billion in adjusted sales was higher than Wall Street expectations, appeared driven by a strong second quarter ended June 26 and a modestly better-than-expected third-quarter, implying a weak fourth quarter. The results sent shares down 2.8% in after-hours trading after the results.

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