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Tech trends

Ocado has received a significant order from its partner Kroger for an array of new automated technologies to be deployed in its warehouses. Kroger is set to adopt Ocado’s latest innovations across its operational network of customer fulfilment centres (CFCs) and in future CFCs.

Wall Street’s semiconductor index lost over $500 billion on Wednesday due to reports of potential U.S. export restrictions on China. Intel, a major beneficiary of the U.S. Chips Act with $52.7 billion in subsidies, may gain from geopolitical tensions but faces concerns over revitalizing its manufacturing business.