TSM Sep 2024 195.000 call
- Bloomberg
NXP, Vanguard to Build $7.8 Billion Singapore Chip Wafer Plant as Tech Firms Hedge Against China
(Bloomberg) -- NXP Semiconductors NV is teaming up with a company partly owned by Taiwan Semiconductor Manufacturing Co. to build a $7.8 billion chip wafer plant in Singapore, marking a boost for the island nation’s tech ambitions.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityModi’s Magic Is Fading Fast. Who’s Next for India?Short Sellers in Danger of Extinction After Crushing Stock GainsBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEBonds
- Reuters
Exclusive-Chinese AI chip firms downgrading designs to secure TSMC production, sources say
Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) production in the face of U.S. sanctions, four people with knowledge of the matter said. Aiming to impede breakthroughs in artificial intelligence and supercomputing by China's military, Washington has imposed a series of export controls on highly sophisticated processors from companies such as Nvidia and on chip manufacturing equipment.
- Barrons.com
Microsoft, Alphabet, TSMC, and Other Tech Stocks in Focus Today
Technology shares were mainly in the red early Tuesday, in line with the broader market as fears grow about the strength of the U.S. economy.
