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Huawei Gets $2.3 Billion Offshore Loan as Chip Spending Soars

First reported by Bloomberg ·

The signal ●○○○ Brief pending · reported by Bloomberg, the single source so far
What happened

Huawei Technologies Co. has secured a 15 billion yuan ($2.25 billion) loan from Chinese banks, according to a person familiar with the matter, as spending on chips to power artificial intelligence rel...

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Huawei