TSM
TSM stock rallies as Nvidia reportedly turns to TSMC for advanced memory chips - can it challenge Samsung, Micron and SK Hynix?
TSM stock today: TSMC stock climbed more than 6% in early trading Friday after a report said the chipmaker is considering manufacturing advanced 3D DRAM chips at Nvidia's request. The potential move could expand TSMC's role in the AI hardware market as memory shortages increase competition among leading chipmakers.
Was Michael Burry right about the AI bubble? Wall Street loses $2 trillion as AI and chip stocks plunge: Why are Tesla, Palantir, AMD, Broadcom and SanDisk crashing?
Michael Burry's warning about an AI bubble is back in focus as Wall Street loses more than $2 trillion in market value. On Thursday, November 5, AMD shares plunged around 12%, SanDisk fell 14%, Micron dropped 10%, while Nvidia lost nearly 7%. Tesla and Palantir also fell 9% and 8%, respectively. The sell-off spread across chipmakers, memory companies and AI infrastructure stocks. The Dow fell 2.36%, the S&P 500 dropped 3.11%, and the Nasdaq sank 4.20%, as investors questioned whether massive AI investments can deliver enough returns.
India’s I&B sector FDI gains in 9M FY26 despite lower Q3 inflows
Foreign direct investment in India's information and broadcasting sector saw a sharp quarterly decline in Q3 FY26, yet cumulative inflows for the first nine months rose significantly. This overall increase was propelled by substantial investments in major players like Prime Focus, alongside several smaller but notable transactions across the industry.
Tata Electronics' head of construction resigns; new exec hired: Sources
Last month, ET had reported that KC Ang had resigned from his role as president and head of Tata Semiconductor Manufacturing's (TSM), marking another important leadership change. Ang's departure was confirmed by Tata Electronics.
KC Ang quits as head of Tata Semiconductor Manufacturing
KC Ang has resigned as president and head of Tata Semiconductor Manufacturing, citing personal reasons. A veteran with decades in the chip industry, Ang had led Tata Electronics’ foundry operations. The company says it has a strong leadership team to continue its major semiconductor projects.
Will AI replace India’s IT sector? Viral Citrini's research study flags TCS, Infosys, Wipro at risk
A new report forecasts a 2028 global intelligence crisis. Rapid AI automation could lead to widespread job losses and economic disruption. Indian IT giants like TCS, Infosys, and Wipro face significant challenges. Their traditional business models may be severely impacted. Global clients might shift to cheaper AI coding agents. This could cause a sharp depreciation of the Indian Rupee.
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TSMC stock rises after Q3 profit jumps 39.1% on AI boom - should you invest?
TSMC’s profit rose sharply thanks to high demand for AI and 5G chips made for big companies like Nvidia and Apple. The chipmaker is growing fast and plans to invest more in new technology. Experts say AI will keep boosting TSMC’s success, making it one of the top tech stocks to watch.
TSMC posts strongest-ever quarterly profit, lifts 2025 growth outlook to mid-30 per cent range
Taiwan Semiconductor Manufacturing Co. (TSMC) has achieved a record-breaking profit in the third quarter, fueled by an unprecedented surge in demand for AI infrastructure. The chip giant's net profit soared to $14.75 billion, exceeding expectations. TSMC also raised its 2025 revenue growth forecast to the mid-30 percent range, signaling strong confidence in continued AI-driven expansion.
Foreign investment in I&B sector falls in June quarter
India's information and broadcasting sector saw a significant 84% year-on-year drop in FDI inflows to Rs 552.45 crore in the June 2025 quarter. This decline reflects a slowdown in cross-border deals, despite several greenfield and brownfield investments in digital media, advertising, and entertainment segments.
Baanhem Ventures raises second funding round
The creator of Tamil Nadu's startup reality show Startup Singam has onboarded top business leaders and investors to Baanhem. Season 2 is expected to raise Rs 100 crore in fresh investor commitments.
Chennai Angels explore investment opportunities at Sri City SEZ
A delegation from Chennai Angels, comprising 19 members, visited Sri City to assess investment opportunities and business operations within the Special Economic Zone. Led by K Mahalingam, the delegation received insights from Sri City's Founder, Ravindra Sannareddy, on infrastructure and sustainability. The visit included tours of manufacturing facilities of Daikin, Isuzu, and Colgate.
US stock market today rallied: Dow, S&P 500, Nasdaq hit new highs as strong TSMC, PepsiCo earnings and retail sales spark Wall Street surge
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports and a surprise jump in retail sales. Investors are cautiously optimistic despite political tension as President Trump continues pressuring Fed Chair Jerome Powell over interest rate cuts. Solid consumer spending and a drop in jobless claims boosted confidence, while TSMC and PepsiCo earnings added momentum. All eyes now shift to Netflix earnings, set to kick off the Big Tech reporting season. Read the full story to see how markets are reacting and what’s next for Wall Street.
TSMC reports $9.02 billion in June revenue, up 26.9% Y-o-Y
Taiwan Semiconductor Manufacturing Company (TSMC) witnessed a 26.9% year-on-year revenue surge in June 2025, reaching NTD 263.71 billion. First half of 2025 cumulative revenue climbed to NTD 1.77 trillion, a 40% increase from last year. Despite a monthly dip, TSMC's market dominance grew to 67.
Scientists find second Earth hidden near red dwarf, could this water world reshape our future
Astronomers have found a new exoplanet named TOI-1846 b. This planet is nearly twice the size of Earth. It may contain a lot of water. The planet is 154 light-years away. It orbits a red dwarf star. Scientists used NASA's TESS data to find it. Further studies are needed to confirm its water content.
These 2 AI titans are a Buy and Hold for the long term; here are the reasons why
There are a handful of AI stocks that have the potential of demonstrating optimum growth in the year 2025, with some of them being projected as long-term assets for US investors. Market investment analysts are calling for some stocks to be in the 'Buy and Hold' category. Which ones are they?
S&P 500, Dow hit fresh records on chip stock rally, upbeat retail sales data
Wall Street rose as the S&P 500 and Dow hit record highs, driven by surging chip stocks following TSMC’s robust forecast and strong retail sales. Despite gains, healthcare stocks declined, and analysts warned of stretched valuations and potential volatility ahead of the U.S. presidential election.
IIT Kharagpur, IIT (BHU) together bag close to 1240 offers, including PPOs, by end of Day 1 of final placements
More than 61 companies made offers at IIT Kharagpur for software, analytics, finance–banking, consulting and core engineering roles. Apple, Arthur D.Little, Da Vinci, Capital One, DE Shaw, EXL Services, Glean, Google, Graviton, Microsoft, McKinney, Quantbox, Databricks, Square point and TSM, Palo Alto were among the companies that participated in the campus placements.
The esports world is starting to teeter
After years of fanfare, esports in the United States are giving way to economic realities. Unable to turn a profit, team owners are cutting costs by laying off employees and ending contracts with star players.
India offers many tailwind opportunities in many sectors: McKinsey India
"The drivers of margin accretive growth are relentless cost and value engineering; quality of revenue, new business models and scale benefits," he said at the event which was held on the theme "India's Century: How to Drive Sustainable, Inclusive Growth?".
Regional OTT startup Stage raises Rs 40 crore in funding round led by Blume Ventures
Stage aims to use the capital to go deeper into Haryana and Rajasthan, and create more original content.
Solar energy generation of CIAL crosses 25 crore units
According to the Airport Authority, the CIAL has achieved a cumulative production volume of 25 crore units of solar energy on Saturday apart from the 75 lakh units generated through its Small Hydro Electric Project at Arippara.
Market movers: Tiny names make big strides as they get large orders
Government orders to companies are usually followed by a surge in stock price. The trend is even more visible for smaller companies with not so established order books.
ONGC should decide on mode for raising oil, gas output: Oil ministry
"The government is keen that the domestic production of oil and gas should increase exponentially. ONGC, being the leading organization, has to play an important role," the ministry said in a statement on Monday. It said the area under exploration has to be increased which would subsequently lead to more new discoveries in the country.
Cochin International Airport commissions floating solar power plants
With the installation of the plants with a capacity of 452 KWh over two artificial lakes, the airport's total installed capacity has risen to 40 MWp helping it to produce around 1.60 lakh units of power a day against per day consumption of around at 1.30 lakh units, the CIAL said.
Qualcomm to launch VoLTE phones by Q2
India and South Asia regions present growth opportunities in the telecom space with rising 4G adoption and continued adoption of feature phones.
Delhi budget: Government plans subsidies, saplings for cleaner city
Around 12 lakh saplings will be planted in Delhi in current financial year by all concerned agencies in order to improve the air quality, Delhi government said.
Rs 1,793 crore allocated for housing & urban development in Delhi
To boost housing and urban development in the national capital, the Delhi government today announced a budget of Rs 1,793 crore, 32 per cent more than last year.
True School of Music plans to raise $ 20 million
The True School of Music, which conducts vocational training in music, in Mumbai is looking to raise $20 million (Rs 120 crore).
Chennai realtors push for resale
With falling buyer interest in new properties on offer, realtors in Chennai are trying hard to drive the resale market to keep business going.
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