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A Seoul presidential official said South Korea and the United States are discussing semiconductor investments in the U.S. during broader bilateral talks, in response to questions about planned chip tariffs.
Alibaba reported fiscal first-quarter 2027 revenue of $39.64 billion, up 9% year over year and above the $38.63 billion estimate, while adjusted earnings per ADS fell 42% to $1.26, missing expectations of $1.85.