Ukraine drone attack targets Moscow for second night in row, Russia says
Ukraine targeted Moscow with drone attacks for the second night in row, the Russian defence ministry and Moscow's mayor said on Tuesday....
TSMC to invest $100 Billion in U.S. chip manufacturing, President Trump announces from The White House
Taiwan Semiconductor Manufacturing Company (TSMC) plans to invest at least $100 billion to expand its manufacturing operations in the United States, President Donald Trump announced from the White House.
The announcement was made alongside TSMC CEO C.C. Wei, Commerce Secretary Howard Lutnick, and White House AI and Crypto Czar David Sacks. The move is part of Trump’s broader push to boost American manufacturing and technological leadership.
“This is a tremendous move by the most powerful company in the world,” Trump said. “It’s a matter of economic security, and it’s also a matter of national security for us.” He added that the investment would help TSMC diversify its operations beyond Taiwan.
The investment will support the construction of five advanced chipmaking facilities in Arizona and is expected to create thousands of jobs. TSMC, the world’s largest semiconductor manufacturer, produces chips that power everything from iPhones and AI systems to cars and medical devices.
The move aligns with U.S. efforts to expand its role in global semiconductor manufacturing and maintain a competitive edge over China in AI development.
This new commitment builds on TSMC’s ongoing expansion in the U.S., which includes two Arizona factories—one of which began producing chips for Apple in January. Monday’s announcement brings TSMC’s total U.S. investments to approximately $165 billion, according to Trump.
TSMC is just the latest major tech company to pledge massive investments in U.S. infrastructure. Last week, Apple announced a $500 billion plan to expand its manufacturing and facilities across the country. In January, Oracle, OpenAI, and SoftBank revealed plans to launch a new company, Stargate, with a $500 billion investment aimed at developing AI infrastructure in the U.S.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Ukraine targeted Moscow with drone attacks for the second night in row, the Russian defence ministry and Moscow's mayor said on Tuesday.
Israel said on Monday that the Red Cross had handed over the body of another deceased hostage from Gaza to the Israeli military, according to a statement by the Israeli prime minister's office.
The Southeast Asian bloc ASEAN and China on Tuesday signed an upgrade to their free trade agreement, which is expected to include sections on digital, green economy and other new industries.
U.S. President Donald Trump lavished praise on Japan's first female leader Sanae Takaichi in Tokyo on Tuesday, welcoming her pledge to accelerate a military buildup and signing deals on trade and critical minerals.
Amazon AMZN.O is reportedly preparing to cut up to 30,000 corporate positions starting Tuesday, as part of a major cost-reduction effort aimed at correcting overhiring during the pandemic, according to three people familiar with the matter.
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