Taiwan's TSMC is pouring $100 billion into chipmaking over the next three years
CNN
Taiwan Semiconductor Manufacturing Company, the world's largest contract chipmaker, announced Thursday that it expects to pour $100 billion into advanced chips over the next three years to keep up with rising demand.
The investment is a massive increase over the $25 billion to $28 billion that TSMC (TSM) planned to spend to make advanced chips this year. "In order to keep up with demand," TSMC expects to use the funds to "increase capacity to support the manufacturing and [research and development] of advanced semiconductor technologies," the company said in a statement sent to CNN Business.
A grand jury voted against indicting New York Attorney General Letitia James after being asked to look at the mortgage fraud case against her a second time, according to multiple people familiar with the development Thursday.
National Guard troops deployed to Washington, DC, can remain there for now, after a federal appeals court on Thursday temporarily froze a judge’s ruling that would have soon required them to leave the city’s streets.
Defense Secretary Pete Hegseth’s bad week just got worse. That’s after the long-awaited release Thursday of an inspector general’s report on his sharing of highly sensitive military attack plans on the unclassified app Signal earlier this year.
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Lawyers for the New York attorney general’s office are expected to appear in federal court in Albany on Thursday to try to disqualify a US attorney from investigating the state’s civil case against President Donald Trump.