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The Latest Breaking News from TSMC

The U.S. chip boom is just beginning

President Biden travelled to Arizona where TSMC plans to invest $40 billion in chip-making

Axios

Biden celebrates US manufacturing comeback at giant semiconductor project

Phoenix (AFP) - President Joe Biden declared the comeback of US manufacturing Tuesday at the site of a mammoth expansion to a Taiwanese-owned semiconductor plant aimed at breaking risky US dependency on foreign-based producers for the vital component.

AFP

Semiconductor Manufacturers Don't Need More Subsidies. They Need Less Government.

Fixing federal permitting rules and easing immigration policies would help companies like the Taiwan Semiconductor Manufacturing Company, which are interested in building more plants in America.

Reason

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read the most diverse news in one place.

Biden celebrates giant semiconductor project in Arizona

Washington (AFP) - President Joe Biden flew Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof that the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.

AFP

Dow Jones Falls; Microsoft Ups Battle For Activision; Taiwan Semi To Build Second U.S. Fab To Make Chips For Apple, Others

Dow Jones slips; TSMC investing $40 billion in its U.S. factories; Gitlab and AutoZone rise after earnings; Microsoft increases its bid for ATVI.

Investors Business Daily

Biden celebrates giant TSMC semiconductor project

Washington (AFP) - President Joe Biden flies Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.

AFP

Stock Market Today: Stocks End Down As Inflation Worries Resurface; JPMorgan CEO Sees Recession

With inflation still sticky, and global headwinds accelerating, JPMorgan CEO Jamie Dimon now sees a greater chance of a U.S. recession.

The Street

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TSMC Plans $40 Billion U.S. Investment As President Biden Visits Arizona Chip Factory

TSMC, the world's biggest contract chipmaker, is looking to boost expand its U.S. investment to around $40 billion.

The Street

Stocks Steady, TSMC, PepsiCo, Microsoft And Fox - Five Things To Know

Stock futures steady as inflation focus resumes; Taiwan Semiconductor set to triple U.S. chipmaking investment; Microsoft moves to placate Sony amid Activision takeover; PepsiCo edges higher on reports of planned job cuts and Fox shares jump as Murdoch mutes News Corp combination.

The Street

Biden to visit Arizona computer chip site, highlight jobs

President Joe Biden is going to the building site for an Arizona computer chip plant to emphasize how his policies are fostering job growth in what could be a challenge to the incoming Republican House majority

The Independent UK

Biden celebrates giant semiconductor project

Washington (AFP) - President Joe Biden flies Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof that the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.

AFP

Tesla Appears To Have Ordered Plethora Of New TSMC Self-Driving Chips

As Tesla moves forward with its FSD Beta v11 rollout, it reportedly placed a massive order for chips from Taiwan Semiconductor Manufacturing Company Limited.

InsideEVs

No need to avoid Xi at APEC, Taiwan envoy says after rare encounter

Taiwan told its representative there was no need to avoid Chinese President Xi Jinping at the APEC summit in Thailand, the envoy said on Monday, leading to a rare encounter at a time when China has been stepping up military pressure.

Reuters

Taiwan's APEC envoy at the center of processor chip tension

Taiwan’s envoy to APEC is the 91-year-old billionaire founder of a computer chip manufacturing giant that operated behind the scenes for decades before being thrust into the center of U.S.-Chinese tension over technology and security

The Independent UK

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Tribune News Service

Apple prepares to get made-in-US chips in pivot from Asia

Apple Inc. is preparing to begin sourcing chips for its devices from a plant under construction in Arizona, marking a major step toward reducing the company’s reliance on Asian production.

The Street

TSMC Stock Surges After Warren Buffett Unveils $4.1 Billion Berkshire Hathaway Stake

Billionaire investor Warren Buffett took a rare flyer on tech last quarter with a $4.1 billion bet on contract chip manufacturer Taiwan Semiconductor.

The Street

Stocks Higher, Walmart, Home Depot, Warren Buffett And FTX - Five Things To Know

Stocks futures higher with retail earnings, data in focus; Walmart Q3 earnings to focus on inventory, margins as shoppers seek value; Home Depot earnings in focus as housing market slumps; Taiwan Semi surges as Warren Buffet reveals $4.1 billion stake in chipmaker and FTX bankruptcy details multiple probes, questions SBF…

AFP

Chip giant TSMC shares surge on Buffett stake

Taipei (AFP) - Shares in Taiwan's TSMC soared on Tuesday after Warren Buffett's Berkshire Hathaway confirmed it had taken a close to $5 billion stake in a major boost of confidence for the semiconductor giant.

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Benzinga

Alibaba And Other Chinese Chip Designers Ease Processor Speed To Bypass US Sanctions

Alibaba Group Holding Limited (NYSE: BABA) and start-up Biren Technology tweaked their most advanced chip designs to reduce processing speeds and bypass U.S.-imposed sanctions, the Financial Times

Tribune News Service

Chip makers offer big investments as they jockey for federal aid

WASHINGTON — The world’s top semiconductor makers have announced in recent months long-term U.S. investments that could rise to more than $400 billion, citing support from a new federal aid program for which the rules have yet to be written.

Roll Call

Chipmakers offer big investments as they jockey for federal aid - Roll Call

The jockeying for federal money for semiconductor manufacturing has begun as global producers announce big investment plans.

Reuters

'Please send us more chips' Canadian lawmaker says in Taiwan

A Canadian lawmaker who represents an area in the country's main auto producing province said on Friday he had asked Taiwan to "please send us more chips" to help resolve an ongoing shortage that continues to snarl some production lines.

Investors Business Daily

Taiwan Semiconductor Defies Chip Sector Weakness With Strong Third-Quarter Report

Taiwan Semiconductor, the world's largest contract chipmaker, beat targets for the third quarter and guided higher for the current period.

The Street

Stocks Higher, Inflation Data, TSMC, Applied Materials And Delta Earnings In Focus - Five Things To Know

Stock futures higher as inflation test looms; CPI data likely mixed, but trending slowly downward; Taiwan semi posts robust earnings, muted outlook; Applied Materials cuts profit forecast on U.S.-China export rules and Delta Air lines earnings in focus amid solid travel demand.

The Independent UK

Taiwan chipmaker TSMC says quarterly profit $8.8 billion

Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, says its quarterly profit rose nearly 80% over a year earlier to $8.8 billion amid surging demand

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