Jan 18, 2022
Remember when the Fed claimed last year's inflation was "transitory" and was "only temporary"? How J. Powell must feel now that every other news article is about how it has only gotten worse... But I hope you aren't bored of the topic yet. This...
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Jan 17, 2022
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), Asia’s most valuable firm and globally the largest contract chipmaker, has made an absurd announcement in its fourth-quarter report.
The company said it expects to increase capital spending to between $40 billion and $44 billion this year. That’s up 33.3% to 46.66% from the $30 billion it spent last year.
That’s a lot of money… But TSM wouldn’t spend unless it saw huge demand for its chips now and in the future.