European stocks rebounded with tech leading gains amid lighter US curbs on chip sales to China ( $ASML ), ( $VAT ), ( $AIXT ). The Brazilian real hit a record low, and French stocks underperformed due to political turmoil.

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#EuropeanStocks #TechGains #ChipSales #BrazilianReal #FrenchStocks #MarketRebound

»A year on, #Intel's touted #AIchip deals have fallen short: Intel scrapped $500 million #Gaudi #chipsales forecast for 2024. CEO attributes slower uptake to software, chip transition.« https://www.reuters.com/technology/artificial-intelligence/year-intels-touted-ai-chip-deals-have-fallen-short-2024-11-01/?eicker.news #tech #media
Nvidia Forecasts $12 Billion in AI Chip Sales to China in 2023 Despite Restrictions

Nvidia is forecast to achieve $12 billion in AI chip sales to China in 2023, navigating US restrictions and maintaining its role in the Chinese semiconductor market.

Tech Chill