MarketCatalystNet profit jumped 69% to NT$763 billion and TSMC lifted 2026 growth to about 44%, while CEO C.C. Wei said the Terafab project in Texas has to be run by TSMC, setting up a clash with Elon Musk's plans.
Gartner warns more than $3.5 trillion of AI infrastructure spending faces write-down risk by 2030 and predicts over 80% of neocloud providers will lose their independence, as data center owners need $8.5 trillion in revenue but may capture only $3.6 trillion.
All major U.S. indices closed lower, led by a near‑2% drop in the Nasdaq as tech stocks retreated. Health‑care outperformed, the dollar firmed, Treasury yields rose and the VIX edged higher, keeping v
Airline stocks sank Wednesday after September's inflation report showed airfares up 22.4% from a year ago, driven by jet fuel that has climbed 78% since the Iran war began. JetBlue fell about 10%, and American, United and Delta all lost ground.
CoreWeave fell nearly 16% Wednesday after a chart of its rising borrowing costs went viral, dragging Nebius, Oracle, DigitalOcean and AI data-center miners down 9% to 14%. CoreWeave's CEO called the selloff irrational in an internal memo.
AST SpaceMobile is down about 32% in a week and 68% from its May high after SpaceX's $8 billion spectrum deal, a Piper Sandler downgrade and a jump in rates. None of it changed a contract, license or launch booking. Here's the full picture.