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China Tech Stocks Surge, US Chips Get Boost

Bloomberg Technology

CHAPTER

Surge in Tech Stocks & Legislative Shifts

This chapter examines the recent rally in China’s tech stocks and the U.S. semiconductor sector's response to new legislation aimed at expediting chip manufacturing. It discusses the implications of the CHIPS Act on major players like Intel and Qualcomm, as well as the growing trend of mergers and acquisitions influenced by artificial intelligence investments. Additionally, the chapter highlights the evolving strategies in private equity and corporate mergers amid industry pressures and geopolitical considerations.

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