TSMC Announces 30% Price Surge at US Foundries Amid Rising Operational Costs
TSMC is raising prices at its US foundries by 30% due to higher operational costs, affecting major tech companies like Apple and Nvidia amid tariff uncertainties.
Business News
Abbott Laboratories Surges with an 8.2% Profit Increase to $1.3B in Q1 2025
Abbott Laboratories reports a strong Q1 2025 with $10.4 billion revenue, an 8.2% profit increase to $1.3 billion, and positive EPS growth. CEO Robert Ford highlights the company's ...
Spotify Faces Major Outage: Thousands of Users Report App and Playback Issues
Spotify experienced a significant outage, with over 48,000 users reporting issues with app access and playback on mobile and desktop devices. The company is investigating the disru...
Gensol Engineering Faces 5% Share Drop After Sebi's Market Ban Over Governance Issues
Gensol Engineering shares fell 5% after Sebi barred the company from the securities market due to governance issues and fund diversion allegations. Promoters are accused of misusin...
Spotify Faces Massive Outage: Thousands of Users Report App and Playback Issues
Spotify experienced a major outage, with over 48,000 users reporting issues with app access and playback. The company is investigating to resolve the disruption swiftly.
ASML Reports Stunning 45% Surge in Q1 Net Sales, Reaching €7.7 Billion Amid AI Boom
ASML Holding NV reports a 45% surge in Q1 net sales to €7.7 billion, with net income doubling. The company remains optimistic about growth in 2025 and 2026, despite macroeconomic u...
TSMC Announces Significant 30% Price Increase at US Foundries Due to Rising Operational Costs
TSMC is set to raise prices at its US foundries by 30% due to higher operational costs, impacting major tech companies like Apple and Nvidia amidst tariff uncertainties.
Abbott Labs Surges with an 8.2% Profit Increase to $1.3B in Q1 2025
Abbott Laboratories reports a strong start to 2025 with a 4% revenue increase to $10.4 billion and an 8.2% rise in net earnings to $1.3 billion in Q1, alongside reaffirmed 2025 gro...
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