Author: i2wtc

Taiwan Semiconductor Manufacturing Company (TSMC) headquarters in Hsinchu, Taiwan, on April 16, 2025. Anadolu | Anadolu | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday maintained its annual revenue forecast after it quarterly beat profit expectations, thanks to a continued surge in demand for AI chips.Here are TSMC’s first-quarter results versus LSEG consensus estimates:Revenue: $839.25 billion New Taiwan dollars, vs. NT$835.13 billion expectedNet income: NT$361.56 billion, vs. NT$354.14 billion TSMC’s net income increased 60.3% from the same period last year to NT$361.56 billion, while net revenue in the March quarter rose 41.6% to NT$839.25 billion.TSMC’s high-performance computing division which encompasses artificial intelligence and 5G applications…

Chinese President Xi Jinping arrives in Phnom Penh, Cambodia, April 17, 2025. Xi arrived here on Thursday for a state visit to Cambodia at the invitation of Cambodian King Norodom Sihamoni. (Xinhua/Liu Weibing)PHNOM PENH, April 17 (Xinhua) — Chinese President Xi Jinping said here Thursday he looks forward to cementing friendship and promoting cooperation with Cambodia.He made the remarks in a written statement upon his arrival in Phnom Penh for a state visit to Cambodia.Xi was warmly welcomed by Cambodian King Norodom Sihamoni, Cambodian People’s Party President and Senate President Samdech Techo Hun Sen and other senior officials at the…

Listen to article As extreme heatwave conditions continue to intensify across Pakistan, health professionals and experts have urged citizens to adopt heat-conscious clothing practices to protect themselves from soaring temperatures expected to persist throughout the week. The Pakistan Meteorological Department (PMD) has forecast that daytime temperatures in parts of the country could rise to between 46°C and 48°C due to a high-pressure system developing over the upper atmosphere. These elevated temperatures are expected to affect southern Punjab, Sindh, and Balochistan from 13th to 18th April, with highs of 46°C in Dadu, 45°C in Nawabshah, and 43°C in Hyderabad and Sukkur. Karachi is also forecast to…

Astronomers have found the clearest evidence yet that life might exist beyond the solar system, from the atmosphere of a planet 124 light years away from Earth, setting off rare excitement – tinged with caution – in the global scientific community. Using the James Webb Space Telescope, researchers led by astronomers at the University of Cambridge in the United Kingdom have found chemical signatures of two compounds that on Earth are only produced by living creatures. “These are the first hints we are seeing of an alien world that is possibly inhabited,” Nikku Madhusudhan, an astronomy professor at Cambridge and…

Social media posts have warned for more than a month that President Donald Trump would declare martial law on April 20, which typically means suspending civil law while the military takes control of civilian functions such as courts. But many of the posts appeared to conflate martial law with the potential invocation of the Insurrection Act of 1807, which was mentioned in a recent executive order. “I just learned about this executive order (section 6-b) which says Trump will invoke the Insurrection Act of 1807 on April 20th which will (amount) to declaring martial law,” a Reddit user posted on…

Liverpool captain Virgil van Dijk on Thursday committed his future to the Premier League club, signing a new two-year contract. The Dutch defender follows Mohamed Salah in ending months of speculation by extending his stay at Anfield, with fans preparing to celebrate winning the English Premier League title. “I’m very happy, very proud,” said Van Dijk who, like Salah, would have been out of contract at the end of the season. “There are so many emotions obviously that go through my head right now speaking about it. “It’s a proud feeling, it’s a feeling of joy. It’s just incredible. The…

FILE PHOTO: Elon Musk gives a tour to U.S. President-elect Donald Trump and lawmakers of the control room before the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024 .Brandon Bell | Via ReutersElon Musk’s SpaceX and two partners have emerged as frontrunners to win a crucial part of President Donald Trump’s “Golden Dome” missile defense shield, six people familiar with the matter told Reuters.Musk’s rocket and satellite company is partnering with software maker Palantir and drone builder Anduril on a bid to build key parts of Golden Dome, the sources…

UnitedHealth Group’s stock sank 20% on Thursday after the company slashed its annual profit forecast, citing higher-than-expected medical costs in its privately run Medicare plans. Those bleak results from a health-care giant seen as the insurance industry’s bellwether could be a warning sign for other companies with so-called Medicare Advantage plans, according to some Wall Street analysts. It comes after a turbulent 2024 for health insurers, hurt by lower government payments, soaring medical costs and public backlash after the murder of UnitedHealthcare’s top executive, Brian Thompson.UnitedHealthcare, the insurance arm of UnitedHealth Group, is the nation’s largest provider of those plans. Shares…

OpenAI CEO Sam Altman looks on during an event at the startup campus Station F, on the sidelines of the Artificial Intelligence Action Summit, in Paris on Feb. 11, 2025.Aurelien Morissard | AFP | Getty ImagesBefore entering into talks to acquire artificial intelligence code-writing startup Windsurf, OpenAI looked at buying another option: Cursor.The ChatGPT creator last year reached out to Anysphere, the startup that sells the Cursor application, two people familiar with the matter told CNBC. OpenAI reached out again this year as Cursor was enjoying a new wave of popularity. The talks again failed to gain traction, one of…

Pampore, Indian-administered Kashmir – At 4am, before the first call to prayer echoes through Pampore’s saffron fields in the Pulwama district of Indian-administered Kashmir, 52-year-old Bashir Ahmad Bhat steps out with a flashlight. The crisp air carries the scent of soil, but his heart sinks – his precious saffron corms, nurtured for months, lie ravaged, devoured overnight. “It’s like a war,” Bashir says, his voice filled with exasperation. “We fought climate change, fought low market prices.” “But who would have thought we’d have to fight porcupines?” For generations, farmers like Bashir have cultivated saffron in Pampore, the heart of India’s…