TSMC’s Rise to Trillion-Dollar Status: Five Must-Know Insights
Taiwanese semiconductor titan TSMC briefly joined a rarefied club of companies valued at more than $1 trillion on Monday. Here are five things to know about the Taiwan Semiconductor Manufacturing Company:
MIT and Stanford graduate Morris Chang founded TSMC in 1987 after...
Samsung Outperforms Expectations with 15-Fold Profit Increase
Samsung Electronics Co. has reported a remarkable surge in profits, marking its strongest growth in years, fueled by robust demand for memory chips amidst a global resurgence in AI development. The South Korean tech giant announced a staggering 15-fold increase in operating...
LG Energy Solution profits fall sharply amid global EV downturn
Battery maker LG Energy Solution Ltd.’s second-quarter profit fell short of analyst expectations, as the global electric vehicle (EV) market continues to experience a slowdown.
Operating profit for the three months ending June 30 dropped 58% year-on-year to 195.3...
Threads vs. X: Meta’s App Reaches 175 Million Users in First Year
Threads, Meta’s alternative to X (formerly Twitter), has hit 175 million monthly users a year after its unexpected launch.
“What a year,” Meta CEO and Facebook founder Mark Zuckerberg said Wednesday on Threads, announcing the platform’s impressive...
Google’s Greenhouse Gas Emissions Spike 48% Amid AI Boom
Google’s greenhouse gas emissions in 2023 were 48% higher than in 2019, according to its latest environmental report. The tech giant attributes this rise to the increasing amounts of energy needed by its data centers, exacerbated by the explosive growth of artificial...
