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TSMC's quarterly results topped expectations, and the company raised its sales outlook.
TSMC announced its capital expenditures would be higher not just for the current year, but for the next three years.
TSMC's total planned investment in the United States is now $265 billion.
TSMC's plan for Arizona includes a total of 10 fabs and 2 packaging plants.
The CEO of SK Hynix stated that the memory chip shortage is real and will persist through 2030 due to demand from the AI boom.
TSMC is diversifying its manufacturing geographically out of Taiwan as a geopolitical hedge.
TSMC predicts that industry demand for its products will continue through 2029-2030.
ASML lifted its annual sales forecast for the second time this year.
ASML revised up its full-year gross margin expectation from a midpoint of 52% to 55%.
Japan plans to purchase 27,500 of Nvidia's next-generation Rubin chips to build an AI for robots.
GameStop reported $143 million in operating earnings in Q1, the highest in the company's history.
Ryan Cohen has committed to cutting $2 billion in costs from a combined GameStop-eBay entity within the first year.