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AI Demand Boosts Revenue Forecasts for KLA Corp and Cambricon

KLA Corp has projected strong quarterly revenue, attributing the growth to increasing demand linked to artificial intelligence, specifically forecasting revenue above estimates. Concurrently, Chinese AI chip manufacturer Cambricon also reported a significant jump in its revenue, driven by robust AI chip demand within China.

29 Apr, 12:18 — 29 Apr, 21:17
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