Sunday, June 16, 2019

US Chipmakers Said to Be Quietly Lobbying to Ease Huawei Ban

American chip suppliers, including Qualcomm and Intel, are quietly pressing the US government to ease its ban on sales to Huawei, people familiar with the situation told Reuters. http://bit.ly/2RjBmuu

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...