TSMC chair C.C. Wei hails Nvidia's renewed AI chip sales to China as 'very positive news'

TSMC chair C.C. Wei hails Nvidia’s renewed AI chip sales to China as ‘very positive news’

Taiwanese chipmaking giant TSMC reported Thursday a forecast-beating 60% rise in net profit for the second quarter on sustained demand for artificial intelligence technology. Taiwan Semiconductor Manufacturing Company is the world’s largest contract maker of chips and counts Nvidia and Apple among its clients. The firm said its net profit for the three months to…

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Dow Jones Futures: Tesla Jumps On June Robotaxi Target; Microsoft, ServiceNow Tumble

Dow Jones Futures: Tesla Jumps On June Robotaxi Target; Microsoft, ServiceNow Tumble

Dow Jones futures rose modestly Wednesday night, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA), Meta Platforms (META), Microsoft (MSFT) headlined a huge slate of earnings, with ServiceNow (NOW) also key. Tesla stock rose solidly late despite missing views as Elon Musk sees true self-driving starting in June with and “epic” 2026 ahead….

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Cyber bull titan generated by AI

Dow Jones Futures: Tesla, Microsoft, Meta, Fed Decision Loom; 10 New AI Stock Buys

Dow Jones futures edged lower after hours, along with S&P 500 futures and Nasdaq futures. The Federal Reserve meeting will conclude Wednesday but the attention will quickly turn to Tesla (TSLA), Meta Platforms (META), Microsoft (MSFT) and ServiceNow (NOW), due Wednesday night. The stock market rebounded Tuesday, with the Nasdaq leading after Monday’s AI-led losses. AI…

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