Chipmaker Tsmc Defends Overseas Expansion Plans
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Chipmaker TSMC posts sharpest increase in sales since 2022 following AI boom
Taiwan Semiconductor Manufacturing Co, which supplies chips to Apple and Nvidia, saw its sales increase 16.5% in the first quarter of 2024MarketWatch - Business -
Disneyland clears major hurdle in $1.9B expansion plans
City council members voted 7-0 in favor of the proposal early Wednesday morning following an 8-hour public hearing.The Hill - Politics -
TSMC plans to charge customers more for chips made outside Taiwan
World’s largest chipmaker says ‘incremental cost’ of setting up plants abroad should be sharedFinancial Times - World -
Southern California city council gives a key approval for Disneyland expansion plan
Disney has received a key approval to expand its theme park offerings in California as it seeks to build new, immersive lands for visitorsABC News - Entertainment - California -
Highly controversial Disneyland expansion plan clears big hurdle
The highly controversial DisneylandForward proposal to expand the world-famous park and bring with it nearly $2 billion in new rides, attractions, restaurants and shops was given a key green light by the Anaheim City Council after an hours-long, ...CBS News - Top stories -
Why chipmakers are investing billions into ‘advanced packaging’
The technique of stacking multiple chips closely together is crucial to improving the performance of semiconductorsFinancial Times - Business -
Nvidia's Biggest Manufacturer Doubles Down on AI
TSMC, the world’s biggest contract chip maker, is reshaping its business to respond to booming AI-related demand, but capacity is “still not enough.”The Wall Street Journal - Tech -
S&P and Nasdaq Extend Losing Streaks
U.S. stocks ended mixed as the Dow Industrials posted small gains, while the S&P 500 and Nasdaq declined for a fifth straight session.The Wall Street Journal - World -
Netanyahu vows expansion of Rafah offensive
Prime Minister Benjamin Netanyahu says a date has been set for an expansion of Israel's military offensive in the southern Gaza city of Rafah. It is not clear when Israel will carry out the expansion or if it will actually take place. Sebastian ...CBS News - Top stories - Israel -
Taiwanese groups consider overseas headquarters to hedge against Chinese attack
Global efforts to secure supply chains put pressure on contractors to establish ‘alternative command system abroad’Financial Times - Business -
Quarter of UK overseas aid budget spent on asylum costs
New Foreign Office statistics show about £4.3bn was spent last year on asylum costs at home.BBC News - Top stories - United Kingdom -
Taiwan’s chip industry heads overseas amid supply chain shift
Investments elsewhere begin to pay off as Chinese market maturesFinancial Times - World -
Samsung boosts Biden’s chipmaking ambitions with Texas plant upgrade
South Korean group set to outdo rival TSMC with cutting-edge 2nm chip production in US by 2026 as part of $40bn investmentFinancial Times - Business - Joe Biden -
White House awards Samsung $6.4 billion to expand U.S. chipmaking
The Biden administration is awarding Samsung $6.4 billion to expand American chipmaking. The company will spread the money across at least five facilities in Texas. Sujai Shivakumar, senior fellow at the Center for Strategic and International ...CBS News - Top stories -
China’s bubble tea brands look to create a stir overseas
ChaPanda, Mixue and Guming eye stock market listings after pioneering mainland boomFinancial Times - World - China -
Billions more in overseas aid needed to avert climate disaster, say economists
Pressure piles on World Bank and IMF to steer countries to low-carbon transition at spring summit. Governments of wealthy countries must pledge hundreds of billions more in overseas aid payments channelled through the World Bank to avert the worst ...The Guardian - World - Climate -
Huawei goes ‘007’ and TSMC gets a grant
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial TimesFinancial Times - World -
Chip Giant TSMC Offers Reassurance---and a Warning
The chip industry is recovering more slowly than expected from the inventory glut of 2023 but the semiconductor investments required for the rapid growth of artificial intelligence are on track.The Wall Street Journal - World -
Donald Trump, the Defendant
Trump has tried to project strength and confidence around his New York trial, but it might not be easy.The New York Times - Top stories - Donald Trump -
7 Keys to an Exponential Expansion of Your Market Impact
Conventional marketing is not enough to propel your business to be the next unicorn.Inc. - Business -
Iran oil exports hit 6-year high as west prepares sanctions
Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republicFinancial Times - Business - Iran -
Where To Preorder Pokemon TCG Twilight Masquerade Expansion
The Pokemon Trading Card game is gaining another expansion next month, with the arrival of Scarlet & Violet: Twilight Masquerade on May 24. It features over 160 new cards, including more than a dozen new Pokemon ex cards, new Ace Spec cards, over ...GameSpot - Tech -
US missing pieces of AI chip puzzle despite TSMC’s $65bn bet
Big upgrades in Arizona with advanced tech plants imply changes to foundry strategyFinancial Times - Business -
TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing
Taiwan Semiconductor Manufacturing Company plans to build an additional factory and upgrade another planned facility in Phoenix with the federal grants.The New York Times - Tech -
Chip-Making Giant TSMC Gets $6.6 Billion for Arizona Project
The U.S. government grant follows billions for Intel and GlobalFoundries under the Chips Act.The Wall Street Journal - Tech -
US House moves closer to vote over aid for Ukraine and Israel
Passage of legislation could unlock critical funding for Kyiv’s war effort as it battles superior Russian firepowerFinancial Times - Business - Ukraine -
TSMC profits rise on AI boom, but company lowers industry sales outlook
The Taiwanese chipmaker beat analysts’ forecasts following a surge in demand for its most advanced 3nm chipsMarketWatch - Business -
China remains crucial for U.S. chipmakers amid rising tensions between the world's top two economies
Data from S&P Global shows that many U.S. chip giants generate a larger share of revenue from China compared with the U.S. despite increasing trade barriers.CNBC - Business - China -
Google lays off more employees, will move some jobs overseas as part of continuing cost cuts
Google announced a new round of layoffs Wednesday, and said it will move some jobs overseas.MarketWatch - Business - Google -
Gods Unchained unveils crossover expansion pack with Guild of Guardians
Immutable Games announced today Dread Awakening, the next major expansion pack for Gods Unchained, the Web3 trading card game (TCG).VentureBeat - Tech -
Biden Administration Approves Expansion of Background Checks on Gun Sales
The new rule, which is likely to face legal challenges, is an attempt to regulate a fast-growing shadow market of weapons that has fueled gun violence.The New York Times - Top stories - Joe Biden -
China supporting Russia in massive military expansion, US says
Beijing helping with drone production, space-based capabilities and ballistic missile production. China is helping Russia undertake its biggest military expansion since Soviet times, ramping up sales of machine tools, microelectronics and other ...The Guardian - World - China -
Germany's Hapag-Lloyd sets out expansion strategy up to 2030
Yahoo News - World -
The FISA expansion turning cable installers into spies cannot stand
No democracy should give its government the Orwellian power contained in the House bill.The Hill - Politics -
Tim Cook visits Singapore amid Apple's Southeast Asia expansion efforts
Tim Cook will meet with Singapore's next leader to conclude a whirlwind tour around Southeast Asia as Apple expands in the region.CNBC - Business -
PM defends NHS record as targets missed in England
The latest figures show many patients face long waits, but the PM insists headway is being made.BBC News - Top stories -
Life of OJ Simpson: NFL legend, criminal defendant
Renowned football star and infamous criminal defendant OJ Simpson died Wednesday at the age of 76, his family announced. Simpson "succumbed to his battle with cancer," his family said in a Thursday statement posted to his account on the social ...The Hill - Politics - NFL -
U.S. Pledges to Defend Israel in Case of Iranian Attack
Warnings of a potentially imminent attack by Iran on Israeli soil have set off a diplomatic scramble to avoid what would be an unprecedented escalation of the war in the Middle East.The Wall Street Journal - World - Israel -
Defending champ Vegas clinches West's final bid
Jack Eichel, Nicolas Roy and Pavel Dorofeyev each had a goal and an assist, Chandler Stephenson had four assists and the Vegas Golden Knights beat the Minnesota Wild 7-2 Friday night to clinch a playoff berth for the sixth time in seven seasons.ESPN - Sports -
History in the making with debut of Donald Trump: criminal defendant
The New York trial of the former president for allegedly paying hush money to a porn star will also test US justice system. He has been businessman, TV showman and president of the United States. On Monday morning, in the sobering surroundings of ...The Guardian - World