Chip stocks in Asia experienced a significant decline on Thursday, triggered by a tech selloff on Wall Street and concerns regarding potential tighter export restrictions imposed by the U.S. Among the key players in this market, Taiwan Semiconductor Manufacturing Company (TSMC) witnessed a sharp decrease of as much as 4.3% in Asia trade, although it
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ASML recently reported its second-quarter earnings, exceeding market expectations in both sales and net profit. The Dutch semiconductor company generated a net sales figure of 6.24 billion euros, surpassing the forecasted 6.03 billion euros. Additionally, the net profit amounted to 1.58 billion euros, higher than the expected 1.43 billion euros. Despite a year-on-year decrease of
Former President Donald Trump recently made controversial comments regarding Taiwan and its relationship with the United States. In an interview with Bloomberg Businessweek, Trump stated that he believes Taiwan should pay the U.S. for defense, arguing that the country doesn’t provide anything in return. This statement has sparked debate and raised questions about the U.S.’s
In a recent turn of events, Craig Wright, an Australian man who boldly proclaimed himself as the creator of bitcoin, has found himself in hot water. The British High Court Judge James Mellor has referred a case against Wright to the Crown Prosecution Service due to allegations of perjury. This follows a High Court ruling
The food industry is not immune to technological advancements, with artificial intelligence (AI) making its mark in grocery stores and fast-food chains. Companies like McDonald’s, Taco Bell, and Wendy’s are incorporating AI in various aspects of their operations, from self-checkout kiosks to drive-thru ordering systems. This investment in AI is driven by the need to
Apple recently announced the release of the iOS 18 public preview, giving users a sneak peek at the new features and updates coming to their iPhones this fall. This beta version allows eager Apple fans and developers to test out the latest software advancements before the official launch, helping to identify and resolve any bugs
Following Bitcoin’s rally to a two-week high, investors have flocked to crypto companies like Coinbase, MicroStrategy, and Riot Platforms. The surge in these platforms comes as the price of Bitcoin has been steadily rising, with the recent attempted assassination of Donald Trump fueling speculation that the Republican presumptive nominee is now more likely to win
Elon Musk took to social media to express his full endorsement of former President Donald Trump after an incident at a rally in Pennsylvania. Musk posted on his platform X, which he owns, that he hopes for a rapid recovery for Trump. This endorsement comes after Trump was rushed off stage by secret service members
In recent years, commercial space flight has become increasingly popular, with companies like SpaceX, Blue Origin, and Virgin Galactic leading the way in transporting paying customers to space. However, a new trend is emerging in the space tourism industry, with startups like Zephalto, Space Perspective, and World View offering tourists the chance to travel to
The recent Target sales event had unexpected consequences for Amazon merchants, such as Brandon Fishman, who saw a significant drop in sales on the e-commerce platform. Fishman, the owner of VitaCup brand, faced challenges due to price discrepancies between Target and Amazon. This article will delve into the implications of Target’s promotional event on Amazon