TSMC shows off new tech for stitching together bigger, faster chips
SANTA CLARA, California, April 23 (Reuters) – Taiwan Semiconductor Manufacturing Co (2330.TW), opens new tab on Wednesday unveiled technology for making faster chips and putting them together in dinner-plate-sized packages that will boost performance needed for artificial intelligence applications. It said its A14 manufacturing technology will arrive in 2028 and will be able to produce processors that […]
Nvidia supplier SK Hynix logs bumper Q1, sees limited tariff impact on AI chips
SEOUL, April 24 (Reuters) SK Hynix (000660.KS), opens new tab, a key supplier of high-bandwidth memory processors to Nvidia (NVDA.O), opens new tab, said quarterly profit more than doubled and demand for AI chips was so robust that it expects only limited impact on those products from potential U.S. tariffs. Washington has launched an investigation into semiconductor imports, […]
Morgan Stanley stands by Nvidia as a top pick even though tariff turmoil is not over
Pia Singh April 10 2025 CNBC Morgan Stanley is sticking by Nvidia during the stock’s rocky ride, saying demand for the company’s products should help the artificial intelligence darling outperform and push past tariff concerns. Analyst Joseph Moore reiterated Nvidia as a top semiconductor pick and kept his overweight rating and $162 price target. That […]
Fed Ready to Help Stabilize Market, Fed’s Collins Says: FT
By Jim Silver 04/11/2025 10:40:58 [BFW] (Bloomberg) — The Federal Reserve “would absolutely be prepared” to help stabilize financial markets if conditions become disorderly, Boston Fed President Susan Collins said in an interview with the Financial Times. • “Markets are continuing to function well” and “we’re not seeing liquidity concerns overall,” Collins told FT
House passes budget resolution, Congress moves toward tax bill draft
America’s Credit Unions April 11, 2025 The House passed its budget resolution 216-214 Thursday morning, following Senate passage last week. The budget resolution is a framework for the federal budget, setting spending and revenue targets, and House passage means Congress can now officially work on its budget reconciliation legislation. The House Ways and Means Committee […]
Bill Ackman Calls Out Triple-Levered ETFs, Zero-Day Options Boom
Summary by Bloomberg AI Bill Ackman criticized the use of highly-leveraged exchange-traded funds and zero-day stock contracts, questioning their contribution to society and the economy. Levered funds, which allow investors to magnify their exposure to an underlying asset or index, command around $100 billion and have been popular among day traders. Ackman warned that the […]
US Tariff Revenue Gains Seen as Undercut by Declining Trade
Summary by Bloomberg AI President Trump’s tariffs are expected to generate around $300 billion in annual revenue, with some estimates as high as $600 billion. The tariffs are projected to cause a sharp downturn in trade, with total US imports of goods expected to drop by around 30%. The tariffs could reduce US gross domestic […]
Alphabet CEO reaffirms planned $75 billion capital spending in 2025
By Reuters Las Vegas, April 9 Alphabet (GOOGL.O), opens new tab reiterated on Wednesday it would spend about $75 billion this year to build out data center capacity, doubling down on its generative AI bet even as the payoff remains unclear and a global trade war threatens to raise costs. The investment would fund the […]
Goldman Sachs Rescinds Recession Call After Trump’s Tariff Pause
By Matthew Boesler 04/09/2025 11:43 (Bloomberg) — Goldman Sachs Group Inc. economists rescinded their forecast for a US recession after President Donald Trump announced a 90-day pause on most of his previously-announced tariffs. “Earlier today, before President Trump’s announcement, we had shifted to a recession baseline in response to the additional country-specific tariffs that went into effect this morning,” […]
Vietnam Wants to Make a Deal
By Lauren Dezenski 04/04/2025 08:09:08 [BFW] (Bloomberg) — President Donald Trump says “Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.S.”