Reports that the White House may clamp down on sales of semiconductors that power artificial intelligence capabilities sent tech stocks diving.
Tag: Applied Materials Inc
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Silicon Valley Chosen for $4 Billion Chip Research Center
Anticipating federal subsidies, Applied Materials said it planned to invest up to $4 billion in the semiconductor project in Sunnyvale, Calif.
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Chip Makers, Once in High Demand, Confront Sudden Challenges
Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.