WS #12201
TSMC beat earnings for a seventh straight quarter but the chip sector sold off, with memory stocks also pressured by potential US ban on Chinese memory chips. Anthropic is pursuing billions in bank credit lines ahead of a potential IPO as early as October, signaling strong investor interest in AI.
TSMC Q2 Beat and Chip Sector Selloff
TSMC beat earnings for a seventh straight quarter but the chip sector sold off, with memory stocks also pressured by potential US ban on Chinese memory chips.
Anthropic is pursuing billions in bank credit lines ahead of a potential IPO as early as October, signaling strong investor interest in AI.