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Small movements on the New York Stock Exchange
The movements were small when Thursday's trading day on Wall Street ended – after balancing between plus and minus before closing. .
Semiconductor Giant Beats Expectations
Taiwanese TSMC, one of the largest manufacturers in the semiconductor industry, reports a result for the third quarter that exceeds expectations. The net profit was 325.
Chip giants TSMC and Samsung consider factories in the Middle East
Two of the world's largest chip manufacturers – Taiwan Semiconductor Manufacturing (TSMC) and South Korean Samsung Electronics – have initiated talks about possible giant investments in semiconductor factories in the United Arab Emirates, reports The Wall Street Journal. TSMC representatives have been in the United Arab Emirates and discussed the possibility of building a factory in the country, similar in size to the company's largest facilities in Taiwan, according to the newspaper's sources.
Tech giant lays off 15,000 – aims to save billions
It's not going well for Intel. The IT giant is having a hard time competing in the AI race.
Unexpectedly Large Profit for Semiconductor Manufacturers
Taiwanese TSMC – one of the largest producers in the hot semiconductor industry – reports an unexpectedly strong result for the second quarter of the year. The global wave of investments in artificial intelligence (AI) contributes to the development.
Workshop company drops on positive stock market
The Stockholm Stock Exchange rose on Wednesday, but the increase was dampened by declines in telecom equipment manufacturer Ericsson and a few other industrial giants. The broad OMXS index closed at plus 0.
Nvidia is now the world's most valuable company
The gold rush continues. The AI hype makes chip giant Nvidia the world's now highest-valued listed company.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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