TSMC gets $6.6 billion in CHIPS Act funding for Arizona chipmaking hub
Taiwan Semiconductor Manufacturing Company already has two chipmaking facilities in Arizona and will use some of the money to build a third
Source: qz.com
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Model N to be Acquired by Vista Equity Partners For $1.25 Billion
Model N Stockholders to Receive $30.00 Per Share in Cash ...
Source: marketscreener.com
U.S. unveils some US$11.6 bln in grants, loans to TSMC
The U.S. government announced a plan Monday to award Taiwan Semiconductor Manufacturing Co. (TSMC) some US$11.6 billion in grants and loans to support the chipmaker's investment for three fabrication plants in Arizona, as it strives to boost domestic semiconductor production. The Department of Commerce has signed a preliminary agreement with TSMC Arizona Corporation, a TSMC subsidiary, to provide up to $6.6 bill...
Source: koreaherald.com
The Dow waits on inflation with Fed interest rate cuts in limbo
Tech stocks rose, Amazon hit a 52-week high, and crypto-related stocks soared as Bitcoin recovered. But investors are waiting on the Fed
Source: qz.com
Cisco Systems And ON Semiconductor Make The 30-30 Club
This is an honor roll for corporations, named after the 30-30 Club in baseball. Only 27 companies made it this year, and I recommend five of their stocks.
Source: forbes.com