TSMC considers moving production

Source: Dukascopy Bank SA
The Taiwan Semiconductor Manufacturing Company has been considering moving plants out of the country due to political tensions with China. However, it has been concluded that moving production was impossible.
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Wed, 05 Jun 2024 14:33:57 GMT

ASML stock surges due to CFO comments

The Chief Financial Officer of ASML Roger Dassen has revealed that the firm expects new orders from its top customer Taiwan Semiconductor Manufacturing Company in the upcoming quarter. These news caused a 7.56% surge of the company's stock price. The price went from 872.90 EUR up to 940.00 EUR by mid-day.

Mon, 10 Jun 2024 15:30:04 GMT

Microsoft lays off employees

Business Insider has reported that Microsoft is set to fire hundreds of Azure cloud employees. The total amount of people to be fired reaches as many as 1,500.

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