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Some U.S. and European chipmakers, such as Intel (INTC), could benefit from China’s push to build up its semiconductor industry into a global power, says Jefferies in a new research report. There’s been a flurry of mergers and acquisitions as China’s government encourages private equity firms to make investments, says Jefferies analyst Mark Lipacis. Six semiconductor companies have been acquired by Chinese firms over the past two years. Most Scalper1 News
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