Author: i2wtc

TSMC offices in San Jose, California, USA, Thursday, April 18, 2024.David Paul Morris | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company The company on Thursday reported better-than-expected second-quarter sales and profit as demand for advanced chips used in AI applications continued to surge.Here’s how TSMC’s second-quarter results compare to LSEG’s consensus estimates:Revenue: NT$673.51 billion (US$20.82 billion), compared with forecast of NT$657.58 billionNet income: NT$247.85 billion compared to the forecast of NT$238.8 billionTSMC announced that its net revenue increased 40.1% year over year to NT$673.51 billion, and its net profit increased 36.3% year over year to NT$247.85 billion. The company expects…

Relations between Washington and Beijing are at their lowest in decades amid disputes over trade, technology and human rights, as well as an increasingly aggressive Chinese stance over its territorial claims, including in the autonomous region of Taiwan and the South China Sea.Jason Lee | ReutersBEIJING — U.S. presidential candidate Donald Trump’s new running mate, J.D. Vance, took a tough stance against China in his first speech since being elected earlier this week.”Together we will protect the wages of American workers and stop the Chinese Communist Party from building a middle class at the expense of the American people,” Vance…

Relations between Washington and Beijing are at their lowest in decades amid disputes over trade, technology and human rights, as well as an increasingly aggressive Chinese stance over its territorial claims, including in the autonomous region of Taiwan and the South China Sea.Jason Lee | ReutersBEIJING — U.S. presidential candidate Donald Trump’s new running mate, J.D. Vance, took a tough stance against China in his first speech since being elected earlier this week.”Together we will protect the wages of American workers and stop the Chinese Communist Party from building a middle class at the expense of the American people,” Vance…

Pakistan protests against Afghanistan after militant attack on Afghanistan camp kills eight soldiers ISLAMABAD: The Afghan embassy’s deputy ambassador was summoned to the Pakistan Foreign Ministry today, Wednesday, to convey Pakistan’s “strong stance” over the militant attack on a military cantonment that killed eight soldiers this week, the ministry said in a statement. Two separate attacks in the country’s northwestern Khyber Pakhtunkhwa province this week killed 10 soldiers and five civilians. In the first attack on Monday, militants tried to enter a military post in the city of Bannu and a suicide bomber crashed a vehicle packed with explosives into…

Get your free copy of Editor’s DigestFT editor Roula Khalaf picks her favourite stories in this weekly newsletter.Paris-based advertising agency Publicis raised its full-year outlook after a recovery in spending among its U.S. tech clients despite continued macroeconomic uncertainty. Publicis said on Thursday that revenue for the first half of the year rose 7.7 percent to 7.7 billion euros, beating expectations, while earnings before interest, taxes, depreciation and amortization rose 4.9 percent to 1.4 billion euros.The company said the growth was driven by a recovery in spending among technology companies, with the division’s revenue rising about 11 percent in both…

Nearfield Instruments BVROTTERDAM, Netherlands, July 18, 2024 (GLOBE NEWSWIRE) — Nearfield Instruments, a developer of cutting-edge measurement and inspection (M&I) solutions for the semiconductor manufacturing industry, today announced the successful completion of a €135 million Series C funding round. The oversubscribed funding round was led by two new lead investors: Walden Catalyst, a leading US venture capital firm backing the next generation of category-defining companies in deep tech, and Temasek, a global investor seeking emerging technology opportunities to solve complex, high-impact challenges and address market inflection points. M&G Investments, a leading global asset manager, is acting as a co-investor through…

Recently, well-known cryptocurrency analyst World Of Charts covered the significant developments of NEAR Protocol (NEAR). According to the firm’s analysis, NEAR has successfully broken out of a descending wedge pattern, posting gains of nearly 8% since breaking out. Despite this promising start, NEAR still has a long way to go before it reaches its full potential. The entire cryptocurrency market is experiencing a bull run, primarily driven by the soaring price of Bitcoin. This positive momentum has created a favorable environment for altcoins, including NEAR, to rally in value. The optimism surrounding Bitcoin has had a ripple effect, benefiting other…

U.S. President Joe Biden said he would hand over power to Vice President Kamala Harris if elected to a second term, but that he would not be able to serve out the full term for health reasons. Harris, 59, will be the first woman, the first Black American and the first South Asian American to be elected vice president of the United States in 2020. Biden’s comments about Harris came amid growing calls for him to recuse himself from November’s presidential election after stumbling during a televised debate with Republican rival Donald Trump last month. Who is Kamala Harris? Harris…

Milwaukee CNN — With Joe Biden at his worst, Donald Trump will achieve his greatest feat yet. The 78-year-old former president accepted the Republican nomination on Thursday, marking one of the most stunning comebacks in political history after a conviction, an unprecedented criminal conviction and an assassination attempt following a plot to rig the 2020 election. Meanwhile, Biden, 81, is reeling from the Democratic revolt. Concerns are rising again about whether he can beat his 2020 opponent amid concerns among lawmakers about his health and cognitive health, and desperation about whether he can thwart Trump’s possible reelection. Former House Speaker…

“That career politician named Joe Biden gave China a sweet trade deal and destroyed more good middle-class American manufacturing jobs.” 02:10US presidential election: Trump’s running mate JD Vance slams ‘fake’ Joe BidenUS presidential election: Trump’s running mate JD Vance slams ‘fake’ Joe BidenVance described Ohio as a place “forgotten by America’s ruling class in Washington” and blamed establishment politicians for allowing unemployment and drugs to become rampant in Ohio and beyond.”Our country was flooded with cheap Chinese products, cheap foreign labor and then deadly fentanyl from China for decades,” he said.Washington frequently accuses China of helping produce the chemicals used…