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Stocks Stage Major Reversal, and Breaking Down the Consumer’s Strength 8/11/22

CNBC's "Fast Money"

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The Chips Act Isn't Just About the Government Handouts

The chip industry is at a cross os right now. Intel, micron global foundries are committing billions of dollars in the hopes of getting tax or subsidies from the chipsact. The problem is that's a lot of companies competing for the same pot of money spread out over five years.

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