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Q2 results show Qualcomm making progress in China

But growth in Intel's data centre business falls well short of its own targets

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DOING WELL: Qualcomm reported earnings and gave forecasts that beat analysts' estimates as it gets paid more licensing fees in China and gains market share there.

San Francisco

QUALCOMM Inc's second-quarter results show the chipmaker is overcoming hurdles in China, while rival Intel Corp faces fresh headwinds in servers - the key to its profit.

San Diego-based Qualcomm, the biggest maker of semiconductors that run smartphones, reported...

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