TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge

The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Taiwan Semiconductor Manufacturing Company on Thursday reported a 39.1% increase in third-quarter profit from last year, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results versus…

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Brown University rejects Trump administration's compact

Brown University has rejected the Trump administration’s proposed settlement that would have required the university to change its campus policies in exchange for benefits in receiving federal funding. on wednesday Letter Brown President Christina Paxson told Education Secretary Linda McMahon and White House aides May Mailman and Vincent Haley that she was “concerned” that agreeing…

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Nikkei 225, ASX, Hang Seng Index

Australia, Victoria, Melbourne, buildings on bank of Yarra river Peter Adams | Stone | Getty Images South Korea’s Kospi index hit a record high Thursday, after the International Monetary Fund raised its 2025 growth forecast for the country to 0.9% from 0.8% in its October outlook report. Overall, the IMF raised its growth projection for…

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