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Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.
The AI boom has helped drive up the price of shares in TSMC, Asia's most valuable company, with its Taipei-listed stock soaring 81% last year, compared with a 28.5% gain for the broader market.
NEW YORK (AP) — U.S. stock indexes closed their best week in two months with a flourish on Friday. The S&P 500 climbed 1% to clinch its first winning week in the last three.The Dow Jones ...
The new restrictions affect chips at 14 or 16 nanometer nodes or below that meet certain parameters and can be used in AI applications, and impact companies beyond TSMC. A TSMC spokesperson ...
TSMC shares rose on the news as Gelsinger's departure seems to signal a setback in Intel's foundry strategy. ... TSMC dominates the contract chip market with more than 50% market share of third ...
Yesterday, OpenAI announced it had just raised $6.6 billion in new cash "to accelerate progress" on its AI software. OpenAI specifically stated that some of this money would go toward "increas[ing ...
Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The Dow Jones Industrial Average slipped 0 ...
A sell-off in semiconductors pulled stock indexes away from record highs. The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday. The decline overshadowed better-than-expected bank ...