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In this video, Aida Golami from Agrimatsup Research Company demonstrates how to delete specific text from a cell in Excel. She explains that the first step is to go to the find and select option in the editing segment of the home tab. By clicking on replace, she shows how to delete the text "Smith" from the cell. This is done by finding the text to be deleted and replacing it with a blank space. This allows for specific edits to be made without fully deleting the text from the cell.