WS #12188
TSMC reports record Q2 profit (+77.4% YoY) and announces additional $100B investment in Arizona, but stock falls on valuation concerns. NVIDIA partners with Noetra Corp for AI factory in Japan and with Kawasaki Heavy Industries for AI-driven robots in shipbuilding, reinforcing its AI leadership. Apple hits new all-time high on institutional rotation and news that Apple Intelligence has cleared regulatory hurdles in China, opening a key market.
TSMC Record Profit and US Investment
TSMC reports record Q2 profit (+77.4% YoY) and announces additional $100B investment in Arizona, but stock falls on valuation concerns.
NVIDIA partners with Noetra Corp for AI factory in Japan and with Kawasaki Heavy Industries for AI-driven robots in shipbuilding, reinforcing its AI leadership.
Apple hits new all-time high on institutional rotation and news that Apple Intelligence has cleared regulatory hurdles in China, opening a key market.