Marvell to acquire Inphi in $10B chip deal

Source: Dukascopy Bank SA
Marvell Technology Group announced on Thursday it would acquire the Inphi peer in a $10B cash-and-stock deal to broaden the chip supplier's footprint in 5G network infrastructure and data centres.
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Thu, 29 Oct 2020 17:03:34 GMT

US economy expands 33.1% in Q3

The US economy expanded at an annualized rate of 33.1% in the third quarter of 2020 after a slump in the previous quarter, data published by the US Commerce Department show.

Thu, 29 Oct 2020 14:35:29 GMT

US economy shows record growth in Q3

The US economy showed record growth in its Q3 after the government had poured out over $3 trillion worth of the pandemic relief that boosted consumer spending, Reuters reported.

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