Chipmaker TSMC returns to the list of world’s 10 most valuable companies: Here’s what led to its comeback

Taiwan Semiconductor Manufacturing Company (TSMC) has reclaimed a spot in the list of the world’s 10 most valuable companies, riding the optimism of the artificial intelligence (AI) boom in the tech industry that pushed its stock to record levels.According to a report by Bloomberg, TSMC’s stock rallied 14% last week, elevating the chipmaker’s market capitalisation…

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Trump administration to offer relief to car manufacturers amid continued 25% tariff

Representative AI image (Credit: Bing image creator) The US administration announced plans to implement measures by Tuesday to reduce the impact of automotive import tariffs, allowing manufacturers additional time to shift production to US soil.While the 25 per cent tariffs on imported vehicles and components will continue, they will be restructured to prevent overlap with…

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