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TSMC Forecasts Semiconductor Industry Growth to Exceed $1.7 Trillion by Year-End, Driven by AI

TSMC Forecasts Semiconductor Industry Growth to Exceed $1.7 Trillion by Year-End, Driven by AI

TSMC Forecasts Semiconductor Industry Growth to Exceed $1.7 Trillion by Year-End, Driven by AI
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AI Chip Demand Drives Significant Price Hikes for 12-inch Silicon Wafers by 2027

AI Chip Demand Drives Significant Price Hikes for 12-inch Silicon Wafers by 2027

AI Chip Demand Drives Significant Price Hikes for 12-inch Silicon Wafers by 2027
ReutersReuters
Wall St falls as bond yields test multi-decade highs

Wall St falls as bond yields test multi-decade highs

By Shashwat Chauhan and Tharuniyaa Lakshmi Sept 29 (Reuters) - US stocks were under pressure on Tuesday, with most sectors taking a hit as government bond yields resumed their uptrend, though gains in AI-linked stocks on optimism about Anthropic's plan to go public helped limit losses.
ReutersReuters
S&P 500 flat as higher bond yields counter tech optimism

S&P 500 flat as higher bond yields counter tech optimism

By Shashwat Chauhan and Tharuniyaa Lakshmi Sept 29 (Reuters) - The benchmark S&P 500 was flat on Tuesday, as rising government bond yields hurt risk sentiment and offset gains in AI-related stocks driven by optimism about Anthropic's plan to go public.
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Anthropic Plans $518 Billion AI Infrastructure Buildout with Non-Cancelable Deals

Anthropic Plans $518 Billion AI Infrastructure Buildout with Non-Cancelable Deals

Anthropic Plans $518 Billion AI Infrastructure Buildout with Non-Cancelable Deals
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U.S. CHIPS and Science Act Drives Significant Investment in Domestic Semiconductor Manufacturing

U.S. CHIPS and Science Act Drives Significant Investment in Domestic Semiconductor Manufacturing

U.S. CHIPS and Science Act Drives Significant Investment in Domestic Semiconductor Manufacturing
ReutersReuters
Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance

Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance

By Anhata Rooprai Sept 28 (Reuters) - Nvidia boosted its share buyback authorization by a record $150 billion, eclipsing Apple's $110 billion approval in 2024, making a big bet on its own stock as intensifying AI-chip competition weighs on its performance relative to peers.
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Lam Research to Employ Over 240 Workers at New Livermore Warehouse to Meet AI Demand

Lam Research to Employ Over 240 Workers at New Livermore Warehouse to Meet AI Demand

Lam Research to Employ Over 240 Workers at New Livermore Warehouse to Meet AI Demand
ReutersReuters
Tech stocks gain on Anthropic IPO optimism, offsetting high oil, yields

Tech stocks gain on Anthropic IPO optimism, offsetting high oil, yields

By Johann M Cherian and Tom Westbrook Sept 29 (Reuters) - Tech stocks advanced in Europe and Nasdaq futures edged higher on Tuesday as optimism over AI lab Anthropic's plans for a public debut outshone concerns over elevated oil prices and global bond yields. 
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North Phoenix Apartment Complex Sells for $58.7M Amidst TSMC Job Boom

North Phoenix Apartment Complex Sells for $58.7M Amidst TSMC Job Boom

North Phoenix Apartment Complex Sells for $58.7M Amidst TSMC Job Boom
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Cisco Systems Achieves Record Fiscal Revenue Amidst AI and Security Focus

Cisco Systems Achieves Record Fiscal Revenue Amidst AI and Security Focus

Cisco Systems Achieves Record Fiscal Revenue Amidst AI and Security Focus
ReutersReuters
Stocks wobble as bonds slump to monthly loss

Stocks wobble as bonds slump to monthly loss

By Tom Westbrook SINGAPORE, Sept 29 (Reuters) - Oil prices and bond yields were higher in an uncomfortable combination for Asian equities on Tuesday, as investors braced for an interest rate hike in Australia and an era where short term borrowing costs settle at their highest for years.