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AI becomes bigger headache than tariffs for China camera maker Insta360
Rising chip costs squeeze margins even as 360-degree camera leader accelerates US growth
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Rising chip costs squeeze margins even as 360-degree camera leader accelerates US growth
Founded in 2015, Insta360 has become a world leader in 360-degree cameras. (Insta360)
NEW YORK -- Chinese action camera brand Insta360 faces mounting pressure from surging chip costs driven by the AI boom, which it says is proving more challenging than U.S. tariffs as it expands in the American market.
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