Thursday, January 13, 2022

TSMC reports Q4 revenue rose 24.1% YoY to $15.74B as net profit reached $6.01B; capex will reach $40B to $44B in 2022, up from $30B in 2021 (Reuters)

Reuters:
TSMC reports Q4 revenue rose 24.1% YoY to $15.74B as net profit reached $6.01B; capex will reach $40B to $44B in 2022, up from $30B in 2021  —  Taiwan chip firm TSMC posted on Thursday a 16.4% rise in quarterly profit to a record, thanks to robust global demand for semiconductors used in smartphones …



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...