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TSMC proposed setting up a firm with design giants like Nvidia to run Intel's chip fabs, but the US firm's new CEO has told employees he wouldn't split the group up
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Daily roundup of the best New Economy stories from other media
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Taiwanese officials maintain TSMC won’t begin producing 2nm chips the US before 2028 amid concern that the chipmaker could lose its geopolitical importance
The deal, for 80% of CK Hutchison's stake in Hutchison Ports, will give the US consortium control of key Panama Canal ports amid White House calls to end 'Chinese ownership' of the waterway
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The AF Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China’s ‘Self-Interest’ May Be Adding to Global InflationChina’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Market InsightsFresh snap lockdowns put China’s economic recovery in perilChina’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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