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Glossary Technology & AI

Semiconductor

The chips that do the computing. A handful of firms dominate design and an even smaller number dominate manufacturing, which is why chips are now a geopolitical subject.

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Tariff

A tax on imported goods. It is paid by the importer, not the exporting country, and…

Quantitative easing

A central bank creating money to buy bonds, pushing down longer-term interest rates when short-term rates…

Valuation

An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies.…

Bill

A proposed law, still going through the legislature. It is not law until it has passed…

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