Monday, April 8, 2024

The US awards TSMC $6.6B in grants and up to $5B in loans to build a third Arizona fab, slated to make 2nm chips by 2030, alongside TSMC's $65B+ investment (Bloomberg)

Bloomberg:
The US awards TSMC $6.6B in grants and up to $5B in loans to build a third Arizona fab, slated to make 2nm chips by 2030, alongside TSMC's $65B+ investment  —  - World's top chipmaker to add capacity with third fab in state  — Raimondo says latest US package aimed at AI, national security



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Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg : Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net ...