U.S. Industrial Output Surges by Most Since 1959 on Reopening

July 15th, 2020|

By Olivia Rockeman (Bloomberg) -- U.S. industrial production in June posted the largest monthly gain since 1959, indicating manufacturing is stirring to life after coronavirus-related shutdowns. Total output at factories, mines and utilities increased 5.4% from the prior

TSMC Sales Shine After Virus Drives Demand for Datacenter Chips

July 10th, 2020|

By Debby Wu The Apple chipmaker’s revenue comes in just above estimates World’s top contract chipmaker is ramping up production now (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. posted monthly revenue that suggested June-quarter sales surpassed analysts’ estimates,