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TSMC, the world's largest contract chipmaker, plans to raise chipmaking prices by up to 10% from 2027 to offset rising costs for materials, manufacturing equipment and overseas plant construction, Nikkei Asia reported on Tuesday, citing multiple sources. • Negotiations began in June and concluded in July, with new pricing set to take effect at the start of 2027, Nikkei said. • TSMC does not comment on pricing, a company spokesperson said when contacted by Reuters.
You would have scored a spectacular win.
Today Earnings (a.m.): General Motors, Charles Schwab, Danaher, 3M, Equifax, Hasbro, Northrop Grumman, Halliburton Earnings (p.m.): Chubb, Capital One, Interactive Brokers Economic data: ADP weekly ...
Interest rates seem likely to stay constant or go up.
Hydraulic fracturing services company Liberty Energy (NYSE:LBRT) will be reporting results this Wednesday after the bell. Here’s what to look for.
Tesla Inc.‘s (NASDAQ:TSLA) Cybercab fleet expansion does not impress investor Gary Black of The Future Fund LLC, who says that any expansion would not amount to much unless true autonomy is achieved. Cybercab Irrelevant to Investors In a response to user @CuriousPejjy, who talked about the recent sighting of over 245 Cybercab units at the company’s Giga Texas facility, Black said that the number of “cybercabs parked at Giga Texas is irrelevant to investors” as long as the vehicles could not auto
Energy infrastructure company Kinder Morgan (NYSE:KMI) will be reporting earnings this Wednesday after market hours. Here’s what you need to know.
Sandisk is up by about 500% so far this year.
China's Zhongji Innolight, a manufacturer of optical transceivers, will launch a Hong Kong listing on Wednesday and is seeking to raise at least $8 billion, according to three sources with direct knowledge of the matter. Zhongji Innolight did not immediately respond to a request for comment from Reuters. The deal will be Hong Kong's largest share sale in nearly seven years since Alibaba Group's $12.9 billion listing in 2019.
Electric vehicle pioneer Tesla (NASDAQ:TSLA) will be reporting earnings this Wednesday after market close. Here’s what to expect.
Inflation may have dropped from its post-pandemic highs — June 2026 saw the largest monthly decline in consumer prices since the early days of Covid, according to data from the Bureau of Labor Statistics — but many Americans still feel its effects every time they shop. That’s especially true during ...
By Cassell Bryan-Low FARNBOROUGH, England, July 21 (Reuters) - As Russia deploys growing numbers of faster jet-propelled versions of its Shahed attack drone, some defence companies are racing to
Telecommunications conglomerate AT&T (NYSE:T) will be reporting earnings this Wednesday before market open. Here’s what to look for.
Wall Street pointed higher before the opening bell Tuesday with chip and memory companies leading the way, while oil prices rose again as the U.S. and Iran exchanged more attacks. Data storage companies SanDisk and Western Digital continued their mostly upward swings, each jumping more than 7% in early trading. Chipmakers Marvell Technology and Intel, which have also been riding the artificial intelligence roller coaster, rose 6.2% and 5.7% respectively.
July 21 (Reuters) - SBI Funds Management jumped 8.8% in its trading debut on Tuesday, becoming India's second-largest asset manager by market capitalisation, as investors bet on growth prospects in
The companies behind some of the biggest car brands do not make every component of their vehicles. Instead, automakers rely on a vast network of suppliers to manufacture everything from seats and tires to semiconductors, windshields, door glass, and rear windows. However, while people know names ...
Chinese authorities are considering tightening export controls on AI and semiconductor technologies, the Financial Times reported on Tuesday. The step reflects Beijing's push to keep domestic AI at home and show that China, like the U.S., now sees advanced AI as a critical national asset requiring controls. Earlier this month, Reuters had exclusively reported that Chinese authorities had earlier held meetings with top tech firms about potentially restricting overseas access to China's most advanced AI models, including those yet to be released.
Netflix (NFLX) investors did not punish the streaming giant for delivering a disappointing quarter. Instead, NFLX is facing criticism for making the next phase of growth harder to measure. Shares plunged more than 10% on Friday, July 17, before closing near $68.95, down about 7.2%, according to ...
Billionaire investors such as Peter Thiel and Christian Angermayer are believers in the benefits of using psychedelics derived from magic mushrooms...
Chinese regulators are considering tightening export controls on artificial intelligence and semiconductor technologies, as the US-China rivalry...
A growing number of former employees of the contractor conducting a multibillion-dollar cleanup at Los Alamos National Laboratory are blowing the whistle in federal court, accusing the company’s highest officials of a pattern of noncompliance and false reporting. The tally of former workers who have joined a pending lawsuit against Newport News Nuclear-BWXT Los Alamos — better known as N3B — ...
Ant International, an overseas affiliate of the Jack Ma-founded Chinese fintech firm Ant Group, has raised $1.2 billion in its latest equity fundraising as it seeks to expand. Affiliates Ant Group and Alibaba Group participated in the private funding round, the company said on Tuesday, without disclosing the size of their commitment. Ant International plans to accelerate its expansion in the merchant payment business, account management and other financial services for enterprises globally.
Economic resilience is probably something most Americans would welcome. We’re seeing that consumer spending is still growing, wage gains haven’t gone away, and corporate dealmaking is showing fresh momentum. Those trends point to a country that is successfully blowing past the recent ...
(Bloomberg) -- Brent crude could rally to more than $120 a barrel by the fourth quarter if disruptions to flows through the Strait of Hormuz persist, according to Goldman Sachs Group Inc., although that’s not the bank’s base case.Most Read from BloombergSaudi-Led Coalition in Yemen Vows to Protect Ships From HouthisUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s Kimi K3 May Be More About Memory Than ComputeChina AI Sens
Every dominant company eventually meets the competitor it decided not to take seriously. The pattern is boring by now. The incumbent has the brand, the cash and the head start, so the upstart gets filed under interesting rather than dangerous, right up until the quarter it stops being either. Elon ...
Asking for a Trend Host Josh Lipton tees up what investors should be on the lookout for on Tuesday, July 21, including earnings from General Motors Co. (GM), Northrop Grumman Co. (NOC), and D.R. Horton Inc (DHI).