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AeroVironment Inc (NASDAQ: AVAV ) said Monday it was expanding manufacturing capacity ahead of anticipated demand as CEO Wahid Nawabi believes counter-drone systems could become the company’s next major growth engine. Production ramps up ahead of expected contract wins During the company’s fourth-quarter earnings call,
Deepwater Asset Management ‘s managing partner Gene Munster said Monday Samsung Electronics and SK Hynix ‘s planned $590 billion investment in chip manufacturing is the bigger story for artificial intelligence, with the spending underscoring how early the AI infrastructure buildout remains. Samsung, SK Hynix Spending I