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Intel's foundry business has struggled, with a recent rejection by Broadcom the latest blow to the unit. Intel's woes are TSMC's gains, as it should help eliminate potential capacity increases at its rival.
I reiterate a ‘Buy' rating for Linde with a one-year target price of $520 per share, driven by double-digit EPS growth and effective cost management. Linde reported 3% growth in underlying revenue and 6% growth in adjusted operating profits, with strong pricing and productivity despite flattish volume growth. High-quality project backlog, including semiconductor manufacturing facilities and gre...
Apple's (AAPL) new iPhone 16 is coming to stores next week. But the tech giant isn't the only company that stands to benefit from sales of the artificial intelligence-powered phone.
Taiwan Semiconductor Manufacturing Company (TSMC) reported consolidated net revenue for August 2024 of approximately NT$250.87 billion, reflecting a 2.4% decrease from July 2024. However, the figure represents a significant 33% increase compared to August 2023, driven by strong demand for artificial intelligence chips.
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