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Malaysia Targets Ambitious $107B Investment to Boost Semiconductor Sector - Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)

Malaysia is set to attract $107 billion in investments for its semiconductor sector, according to Prime Minister Anwar Ibrahim. This initiative aims to establish Malaysia as a key player in global manufacturing. With 13% of the global testing and packaging market, Malaysia will focus on integrated circuit design and advanced packaging. Major firms like Intel and Infineon have already made significant investments, bolstering Malaysia's semiconductor industry.

Ukraine Prepares New Counter-Offensive: Biden Administration Unveils Details

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