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The U.S. Commerce Department has finalized a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co. (TSMC) to boost semiconductor production in Phoenix, Arizona, marking a significant step under the $52.7 billion Chips and Science Act. TSMC plans to invest an additional $25 billion, expanding its total investment to $65 billion, and will produce advanced 2 nanometer technology by 2028. The agreement includes provisions for profit sharing with the U.S. government and a commitment to halt stock buybacks for five years.
The Biden administration has finalized a $6.6 billion grant for Taiwan Semiconductor Manufacturing Co. under the Chips Act, marking a significant step in efforts to boost semiconductor production in the U.S. This agreement is now legally binding, making it the first major award from the program to reach this stage.
ASML Holding N.V. is a leading manufacturer of lithography equipment for the semiconductor industry, with 79.6% of its sales coming from lithography equipment and 20.4% from services. Geographically, the company generates significant revenue from Taiwan (29.3%), South Korea (25.2%), and China (26.3%), while the Netherlands accounts for just 0.1%.
Late-season storms Usagi and Typhoon Man-yi are poised to impact the Philippines and Taiwan this weekend, marking a peak in storm activity in the western Pacific. This year’s tropical cyclones have hindered third-quarter growth in the Philippines, resulting in over $220 million in crop losses, while Taiwan's stock exchange faced three trading suspensions, the first since 2015.
The Global Big Data Healthcare Market, valued at USD 29.58 billion in 2023, is projected to reach USD 96.94 billion by 2032, growing at a CAGR of 18.48%. Key drivers include the rise of chronic diseases, connected healthcare devices, and advancements in data analytics, while challenges involve data privacy concerns and integration issues. Major players include GE Healthcare, Optum, Siemens, and IBM, focusing on improving patient outcomes through predictive analytics and machine learning.
Switzerland remains a top destination for high-net-worth individuals, with 11% of UAE respondents and 8% from Hong Kong considering relocating assets there. Swiss entrepreneurs show greater optimism about wealth growth, yet 45% cite a lack of confidence in the next generation for succession, with over half lacking plans.
Skyworks Solutions, Inc. specializes in high-performance mixed-signal semiconductors for various sectors, including consumer electronics, mobile communications, and automotive applications. With six manufacturing locations across the U.S., Mexico, Japan, and Singapore, the company generates 75.5% of its net sales from the United States, followed by China and Taiwan.
Infineon Technologies AG is a leading semiconductor manufacturer, with a diverse product range including power semiconductors, sensors, and microcontrollers. The company generates 50.5% of its sales from the automotive sector, followed by power and sensor systems (23.3%) and industrial power control (13.5%). Geographically, sales are strongest in China-Hong Kong-Taiwan (32.3%) and Europe-Middle East-Africa (14.4%).
UBS has lowered its target price for Infineon Technologies AG to 41 euros while maintaining a 'Buy' rating. Infineon is a leading semiconductor manufacturer, with a diverse product range serving various sectors, including automotive (50.5% of sales), power and sensor systems (23.3%), and industrial power control (13.5%). The company's sales are geographically distributed, with significant markets in China (32.3%) and Europe.
Infineon Technologies AG is a leading semiconductor manufacturer, with a diverse product range including power semiconductors, sensors, and microcontrollers. The company"s sales are primarily driven by the automotive sector (50.5%), followed by power and sensor systems (23.3%) and industrial power control (13.5%). Geographically, sales are strongest in China-Hong Kong-Taiwan (32.3%) and Europe-Middle East-Africa (14.4%).

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