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Nvidia Corporation impressed with its second-quarter earnings and said it still expects to grow in the second half of the year even though the semiconductor supply shortage will make it difficult. The US computer chip maker, which is the ninth largest company in the S&P 500 and has agreed a US$40bn takeover of British chip designer ARM Holdings, reported stronger than expected sales growth in chips for the gaming and data centre markets, but lower than expected sales of its cryptocurrency mining processors (CMP).
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