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Stock impact report

‘Terrifying': Why U.S. senator in top intel post wants more spying on Chinese companies [CNBC]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: CNBC
Chinese genomics company BGI has risen to prominence around the world but also has been subject to concerns about its gene sequencing and DNA collection practices. U.S. officials fear BGI's vast collection of global genomics data is not just intended for precision medicine but a strategic asset that could be used for the Chinese military or surveillance, including the development of a biotech-enabled “super soldier.” Sen. Mark Warner (D-Va.), the top Democrat on the Senate Select Committee on Intelligence, warned at the CNBC CFO Council Summit this week that BGI will become even bigger than the Chinese telecom giant Huawei. “It's terrifying,” he said. Go back a decade and most Americans had never heard of Huawei. Today, the Chinese telecom giant is a symbol of how quickly China can dominate a strategic technology sector and in the process create new national security and market threats for U.S. government and industry. Democratic Senator Mark Warner of Virginia, the top Democ Show less Read more
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