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AMEC and IDG Capital eliminated from Pentagon's Chinese military companies list; shares surge

AMEC's shares rose 4.35% after the Pentagon removed it from a military-linked list, following a federal lawsuit and claims of strict legal compliance.

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China’s AMEC surges on being dropped from US blacklist after legal threat

Shares of AMEC surged after the U.S. lifted its blacklist status amid ongoing tensions surrounding Chinese tech companies and military ties.

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• ASML

China’s chip equipment spending to drop sharply in 2025, says UBS