Microvast Holdings (NASDAQ:MVST) reported quarterly losses of $(0.15) per share which met the analyst consensus estimate. This is a 42.31 percent increase over losses of $(0.26) per share from the same period last year. The company reported quarterly sales of $64.41 million which beat the analyst consensus estimate of $43.20 million by 49.11 percent. This is a 196.87 percent increase over sales of $21.70 million the same period last year.
‘Meta Has Given Qualcomm A Role In Supplying Chips For Future AR Projects’ – The Information
https://www.theinformation.com/articles/how-meta-stumbled-in-quest-for-chip-independence
Meta is steadily giving Qualcomm a bigger role as a chip supplier for its hardware products, after several years of trying to
