The Dow Jones Industrial Average achieved its fourth record close in five sessions, driven by strong retail sales and a bullish forecast from TSMC. U.S. retail data signaled robust economic health, ...
The latest revenue and guidance miss, which led to the recent record plunge in ASML stock, is likely to be in the rearview ...
The world’s largest contract chipmaker generated a net profit of 325.3 billion New Taiwan dollars, or $10.1 billion, in the ...
Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker, raised its expectation for annual revenue ...
TSMC indicated a very strong demand for server AI processors, which is anticipated to account for 15% of total revenue in ...
That sparked a rally in some AI stocks on Thursday, though Nvidia shares (NVDA) pared gains and failed to notch a new record close, despite having been on track for one earlier in the day. The stock's ...
Longer-term, TSMC is pursuing a rapid international expansion. It’s planning more plants in Europe with a focus on the market ...
Infinera, the California-based company, is in discussions to land $93 million from the federal government to build new plants ...
Durham-based business Wolfspeed has been approved to receive up to $750 million in federal funding for the construction of a ...
The Dow built on its record close on what was a mixed day for the broader market. The blue-chip index rose 161 points, or 0.4%, to mark its 39th record close of the year. The S&P 500 was pretty much ...
The foundry giant served up convincing evidence that the artificial intelligence (AI) revolution is far from over.
After reporting a more than $1 billion loss, the chipmaker said in August it was slashing 15% of its workforce worldwide in ...