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Foxconn is set to invest $900 million in a new AI server manufacturing plant in Jalisco, Mexico, aiming to become the largest assembly facility for servers utilizing Nvidia’s GB200 AI chips. The project will unfold in two phases: expanding an existing facility in El Salto and constructing a new plant, with operations expected to commence by late 2025 or early 2026.
The Trump administration is considering stricter AI chip export restrictions to China, building on previous measures. Despite these efforts, demand for Nvidia's AI chips remains high, leading to a burgeoning gray market facilitated by intermediaries in Vietnam, Malaysia, and Taiwan. Chinese firms continue to rely on these channels or alternative products to fulfill their AI training needs, as high-end chips are essential for their operations.
UBS has raised its price target for Costco Wholesale Corporation to $1,205 from $1,140. The company operates 890 warehouse stores across various countries, with the majority located in the U.S. (72.4% of net sales), and generates 98.1% of its revenue from product sales and 1.9% from subscriptions.
TSMC's recent announcement of a $100 billion investment in the US raises questions due to its lack of specifics, including whether any funds were previously disclosed. This development may signal a setback for Apple's plans to produce chips domestically, which were initially celebrated as a success of the US CHIPS Act.
Taiwan Semiconductor Manufacturing Company (TSMC) has announced a $100 billion investment plan to build five new chip factories in the United States, as revealed by its CEO alongside President Donald Trump. This move addresses concerns over reliance on Taiwan for semiconductor production amid increasing pressure from China regarding sovereignty claims. TSMC, the world's largest contract chipmaker, plays a crucial role in supplying chips for various technologies, including cellphones, cars, and military equipment.
Apple Inc. has received a Neutral rating from UBS. The company specializes in designing, manufacturing, and marketing computer hardware and music support, with net sales primarily from telephone products (51.4%), peripheral devices (9.5%), and computers (7.7%). Geographically, sales are led by the Americas (42.7%), followed by Europe/India/Middle East/Africa (25.9%) and China/Hong Kong/Taiwan (17.1%).
UBS has maintained a 'Neutral' rating for Apple, setting a target price of $236. Despite a 13% increase in global App Store sales in February, growth has slowed compared to January. Apple's revenue distribution shows a significant reliance on iPhone sales, which account for 51.4% of net sales.
TSMC has announced a significant $100 billion investment aimed at enhancing chipmaking capabilities in the United States. This move underscores the company's commitment to expanding its manufacturing footprint and supporting the growing demand for semiconductor technology. In related news, the organization emphasizes its dedication to ethical reporting, ensuring transparency and impartiality despite potential conflicts of interest with featured investors.
Elon Musk addressed a controversial gesture during Trump's inauguration, clarifying it was made in a positive spirit, with the Anti-Defamation League urging understanding. Meanwhile, India Energy Week 2025 in New Delhi showcased over 700 exhibitors and 500 speakers, highlighting India's ambitions in green hydrogen, with Gentari targeting five million tonnes of production by 2030. The company is also expanding its renewable energy portfolio and exploring integrated shipping solutions for clean ammonia, emphasizing the importance of infrastructure and value chain optimization in the hydrogen sector.
US tariffs are set to impact various economies, with China, the EU, and Mexico being the most vulnerable. Taiwan, heavily reliant on US revenues, faces significant exposure due to its microchip exports. Market volatility is expected as investors navigate these trade tensions, with a shift towards quality fixed income investments for stability.
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Foxconn to invest 900 million dollars in AI server plant in Mexico
06:40 05.03.2025
us considers stricter ai chip export controls amid china's gray market growth
04:00 05.03.2025
ubs raises costco wholesale price target to twelve hundred five dollars
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19:20 04.03.2025
TSMC's US investment raises concerns for Apple chip production plans
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tsmc and trump unveil 100 billion plan for us chip factories
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apple inc reports neutral rating with diverse product sales distribution
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ubs maintains neutral rating for apple with target price of 236 dollars
08:13 04.03.2025
TSMC to invest 100 billion dollars in US chip manufacturing expansion
06:54 04.03.2025
gentari expands green hydrogen initiatives amid india's energy transition goals
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13:45 03.03.2025
tariff impacts on global markets and investment strategies amid economic uncertainty
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