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TSMC Profit Drops Less Than Feared as Chipmakers Escape Trough

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. expects a return to solid growth this quarter and gave itself room to raise capital spending in 2024, suggesting the world’s most valuable chipmaker anticipates a recovery in smartphone and computing demand.Most Read from BloombergBlinken Stranded After Boeing 737 Breaks Down on Davos TripApple to Sell Watches Without Oxygen Feature After Legal SetbackSingapore Minister Quits After Biggest Graft Case Since 1986Stocks Drop as Solid Data...
Debby Wu Charles Shum Bloomberg Businessweek Semiconductor Industry Association Apple Inc Qualcomm Inc
Source: yahoo.com

Why Are AMD (AMD) Shares Soaring Today

Shares of computer processor maker AMD (NASDAQ:AMD) jumped 5.3% in the pre-market session after peer, Taiwan Semiconductor Manufacturing Company reported strong Q4'2023 results that exceeded Wall Street's revenue and EPS expectations. During TSMC's earning call, CEO C.C. Wei added, "2023 was a challenging year for the global semiconductor industry, but we also witnessed the rising emergence of generative AI-related applications, which TSMC as a key enabler." Looking ahea...
Taiwan Semiconductor Manufacturing Company What Happened Wall Street Western Digital Computer Processor Cc Wei
Source: yahoo.com

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Fake Stock Market Advisory Racket: SMC busts fake stock market advisory racket | Surat News

The state monitoring cell of the city police arrested seven persons including a minor after raiding a fake share market call centre in posh Vesu area. The accused would pose as SEBI authorized advisors and give buying and selling tips to people. The SMC also seized 37 mobile phones and four laptops along with a DVR and filed a charging complaint with the Vesu police.
Madhya Pradesh Nazmuddin Siddiqui Rahul Thakorbhai Surti Samir Shekhani Husna Kazi Dipesh Lalit Chandra Bhoot

Opinion | Risk of Trump's return overshadows Asia's 2024 election bonanza

The 2024 electoral calendar is jam-packed as more than 4 billion people around the world will go to the polls, but one election has world-changing potential. The return of Donald Trump to the White House would be a gift to US adversaries while eviscerating its security commitments and crippling climate change efforts.
United States White House District Of Columbia Taiwan Strait Taiwan General South Korea
Source: scmp.com

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