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☆ Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated
▼ + stars: | 2024-11-20 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

Those hopes fall on Blackwell, which is Nvidia's name for a family of server products based around its next-generation AI chip. Some of Nvidia's most important end-customers have already received some Blackwell chips, the company confirmed on Wednesday. "We will we'll ship more Blackwells next quarter than this [quarter], and we'll ship more Blackwells the quarter after that than than our first quarter," Huang said. A limiting factor to producing more Blackwell systems is the amount of components that Nvidia's suppliers can provide, Huang said. As Blackwell rolls out, Nvidia's current AI chips, which it calls Hopper, will be relegated to serving AI models, not creating new ones.

Persons: Jensen Huang, Colette Kress, Blackwell, Huang, OpenAI, Hopper, Chris Rolland Organizations: NVIDIA, Center, Blackwell, Nvidia, Microsoft, Oracle, SK Hynix, Micron, Amazon Locations: Washington , DC, Nvidia's, Vertiv

☆ Here are Wednesday's biggest analyst calls: Apple, Micron, Tesla, Instacart, Spotify, Netflix, Cava, Target and more
▼ + stars: | 2024-11-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Evercore ISI downgrades Caterpillar to in line from outperform The firm said it sees earnings per share risk for Caterpillar. Barclays reiterates Instacart as overweight The firm said it is sticking with its overweight rating following earnings. " Telsey reiterates Target as outperform Telsey says it is sticking with its outperform rating on Target ahead of earnings next week. Jefferies reiterates Netflix as buy The firm said the latest report of monthly active users for Netflix weakens the bear case. " TD Cowen reiterates Cava as buy The firm said Cava had a "flawless" third quarter.

Persons: Oppenheimer, William M, Brown, reallocating, Wells, Morgan Stanley, Telsey, Salesforce, verticals, Jefferies, Piper Sandler, Wedbush, Tesla, Donald Trump, Elon Musk, TD Cowen, Cava Organizations: Caterpillar, CAT, UBS, DTC, Bank United, Bank, Solutions Holdings, C Insurance, Barclays, CART, Starbucks, Bank of America, Netflix, MAUs, Micron, Apple, ISI, Services, Department of Government, White, Trump Locations: 3Q24, FCF

☆ Japan is ramping up efforts to revive its once dominant chip industry
▼ + stars: | 2024-11-13 | by ( Dylan Butts | ) www.cnbc.com time to read: +4 min

In this article ASMLASML-NLMUINTCSMSD-GB2330-TW Follow your favorite stocks CREATE FREE ACCOUNTJapan is looking to revitalize its semiconductor industry. The Japanese government has unlocked billions of dollars in subsidies for its domestic chip sector. One likely beneficiary of the funding announced Monday will be Japan-based Rapidus, a state-backed chip venture at the heart of the country's chip revitalization efforts. In the 1980s, Japan was the world's dominant chip player and occupied more than half of the global semiconductor market. Through its chip subsidies, which have mostly been geared toward increasing manufacturing capacity, the country should be able to expand into other aspects of the supply and enhance its position, Yang added.

Persons: Shigeru Ishiba, Ishiba, Rapidus, Tetsuro Higashi, Michael Yang, Omdia, Yang, Brady Wang, Wang, Ken Kuo Organizations: MU, Getty, Japan, Toyota Motor, Sony Group, U.S, IBM, Taiwan Semiconductor Manufacturing Co, Samsung, Intel, Micron, CNBC, Counterpoint Research Locations: Japan, Taiwan, South Korea, South, U.S, Netherlands

☆ One week later – A look at the Trump trades gaining momentum and those that are fading
▼ + stars: | 2024-11-12 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

The S & P 500 last week scored its best week since November 2023, hitting the 6,000 mark, while the 30-stock Dow Jones Industrial Average climbed above 44,000. Stocks seen as early beneficiaries, among them steelmakers and banks, are losing momentum, while others like Tesla are continuing to climb. Its shares are nearly flat week so far this week. Take a look at the lot: Tesla 's the most popular winner in the group, gaining roughly 21% since Nov. 6, boosted by CEO Elon Musk's close relationship with Trump. Other than Tesla, energy stocks Coterra Energy and Baker Hughes are also moving higher, the latter gaining more than 15% just this month.

Persons: Trump, Donald Trump, Stocks, Tesla, Morgan Stanley, Betsy Graseck, Elon Musk's, Edison Yu, JD Vance, Baker Hughes, Goldman, Citigroup — Organizations: weill, Dow Jones, CNBC Pro, Trump, Caterpillar, Steelmakers Steel Dynamics, JPMorgan, Citizens Financial, Prudential, Republican, Bank of America . Semiconductor, Micron Technology, Arista Networks, Deutsche Bank, Coterra Energy, Bank of America, Citigroup Locations: Wells Fargo

☆ White House races to dole out funding from key legislation before Trump takes office
▼ + stars: | 2024-11-11 | by ( Arlette Saenz | ) edition.cnn.com time to read: +8 min

CNN —The White House is racing to dole out remaining funds appropriated from key legislation President Joe Biden signed before President-elect Donald Trump takes office in 10 weeks. The implementation efforts reflect one slice of how the Biden administration is working to shore up key initiatives as the second Trump presidency approaches. Speaking to reporters on Monday, the first official day at COP29, Podesta said the Biden administration is “fully committed” to obligating outstanding funding under Biden’s climate law, the Inflation Reduction Act. About $103 billion in Inflation Reduction Act funding, which makes up 92% of the law’s total, has been announced as of late October. While Trump has criticized the CHIPS legislation as “so bad,” it has enjoyed bipartisan support because the plans could create jobs and infuse money into local communities.

Persons: Joe Biden, Donald Trump, Biden, Trump, ramping, White, Natalie Quillian, “, ”, ” Quillian, John Podesta, Podesta, it’s, ” “, Andrew Harnik, Mike Johnson, he’d, Betsy Klein, Ella Nilsen Organizations: CNN, Commerce Department, Law, White House, White, UN, Act, House Republicans, American, Congress, Trump, Semiconductor, The Commerce Department, Polar Semiconductor, Intel, Micron Technology, Samsung, Taiwan Semiconductor Manufacturing Company, Commerce, Louisiana Republican Locations: Ukraine, America, Baku, Azerbaijan, COP29, ”, Washington , DC, New York, Corning, Pennsylvania, Minnesota, Louisiana

☆ How Samsung fell behind in the AI boom leading to a $126 billion wipeout
▼ + stars: | 2024-11-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

But the South Korea electronics giant has now fallen behind its long-time rival SK Hynix in next-generation chips that have been key component for AI silicon leader Nvidia . For years, Samsung was the undeniable leader in this technology, ahead of South Korean rival SK Hynix and U.S. competitor Micron . SK Hynix saw this opportunity. SK Hynix posted record quarterly operating profit in the September quarter. "It is fair to say that Samsung has not been able to close the gap with SK Hynix on the HBM development roadmap," Morningstar's Ito said.

Persons: SeongJoon Cho, HBM, Kazunori Ito, Brady Wang, Morningstar's Ito Organizations: Samsung Electronics Co, Bloomberg, Getty, Samsung Electronics, SK Hynix, Nvidia, Samsung, Micron, Morningstar, CNBC, U.S, Counterpoint Research, South Locations: Seoul, South Korea, South Korean, HBM

☆ Lightning Round: Micron will go much higher, says Jim Cramer
▼ + stars: | 2024-11-06 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Micron will go much higher, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: United Rentals, XP, Okta, Talen Energy, Micron, and Lemonade.

Persons: Jim Cramer Organizations: Micron, United Rentals, Talen Energy

☆ Cramer's Lightning Round: Talen Energy is 'in good shape'
▼ + stars: | 2024-11-06 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon XP's year-to-date stock performance. Stock Chart Icon Stock chart icon Okta's year-to-date stock performance. Stock Chart Icon Stock chart icon Talen Energy's year-to-date stock performance. Talen Energy : "They're in good shape [buy, buy, buy!]." Stock Chart Icon Stock chart icon Lemonade's year-to-date stock performance.

Persons: Talen Organizations: Rentals, United Rentals, Talen, Micron

☆ 11 surprising things from this earnings season, including my favorite stock so far
▼ + stars: | 2024-11-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

Horton makes the most sense as a Kamala Harris stock because of a promised $25,000 toward a first home. I don't know if either candidate can pull off huge tariffs (Trump) or a credit (Harris). Here are eleven surprising things about this earnings season that you can store up and pull out when the election is confirmed. The deficit will begin to hurt the stock market hard next year even if the economy continues to cool. Away from the hyperscalers, I like Marvell , where CEO Matt Murphy bought $1 million worth of stock in the open market.

Persons: beckons, Joe Biden, Biden, Donald Trump, D.R, Horton, Kamala Harris, Harris, let's, Let's, Trump, haven't, Myers, Abbvie, Eli Lilly, Anat Askenazi's, Abbott, neonatologists, Reckitt, Jim Hurst, Danaher, Jason Hollar, It's, Amgen, That's, Estee Lauder, Parker, Pat Gelsinger's, He's, Matt Murphy, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: U.S, NBC News, White, Ford Motor, Trump, Costco, Volkswagen, Bankers, Banco Santander, Apple, Amazon, GE Vernova, U.S ., Treasury, Merck, NEC, FDA, CDC, NIH, GE Healthcare, Cardinal Health, NPC, Nvidia, Caterpillar, Linde, Devices, heaven's, Intel, Marvell, Micron, Arista, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Europe, Germany, China, Portugal, Ireland, Italy, Greece, Spain, It's, Santander, —, Bristol, U.S, Taiwan, Eaton, Dover, Norwegian, Caribbean, San Francisco

Vice President Kamala Harris tore into Speaker Mike Johnson, R-La., on Saturday for his comment that Republicans might seek to repeal the CHIPS and Science Act if they take control of Congress in the upcoming election. Now to get rid of the CHIPS Act,” Harris added. When asked whether Republicans will seek to repeal the CHIPS Act if they win the election, Johnson replied, “I expect that we probably will,” according to a video posted by a local journalist. “The CHIPS Act is hugely impactful here,” Williams said, vowing to “remind” Johnson “night and day” about the importance of the law. His only mistake was being honest.”The CHIPS Act passed Congress on a bipartisan basis and was signed into law by President Joe Biden in 2022.

Persons: Kamala Harris, Mike Johnson, “, ” Harris, Donald, ”, —, we’ve, Andrew Harnik, Johnson, Brandon Williams, Williams, ” Williams, ” Johnson, Evan Vucci, Harris, it’s, Trump, Ian Sams, Chuck Schumer, ” Arizona Democratic Sen, Mark Kelly’s, Jacob Peters, Joe Biden Organizations: Affordable, Micron, NY, Green New, Democrat, Republican, ”, ” Arizona Democratic, Commerce Department Locations: Milwaukee, New York, PA, MI, NC, ” Arizona

☆ House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back
▼ + stars: | 2024-11-02 | by ( ) www.cnbc.com time to read: +1 min

House Speaker Mike Johnson said Friday that Republicans "probably will" try to repeal legislation that spurred U.S. production of semiconductor chips, a statement he quickly tried to walk back by saying he would like to instead "streamline" it. A reporter asked Johnson whether he would try to repeal the bipartisan CHIPS and Science Act, which Republican presidential nominee Donald Trump had disparaged last week. "I expect that we probably will, but we haven't developed that part of the agenda yet," Johnson replied. The White House has credited the CHIPS Act for spurring hundreds of billions of dollars of investments as well as hundreds of thousands of jobs. Johnson, who voted against the legislation, later said in a statement that the CHIPS Act, which poured $54 billion into the semiconductor manufacturing industry, "is not on the agenda for repeal."

Persons: Mike Johnson, Johnson, Donald Trump, Trump, Kamala Harris Organizations: Republican, Capitol, New, New York GOP, Micron, Green New Locations: Washington ,, New York, U.S

☆ Speaker Mike Johnson walks back comments that GOP would ‘probably’ try to repeal CHIPS Act
▼ + stars: | 2024-11-01 | by ( Annie Grayer | Gregory Krieg | ) edition.cnn.com time to read: +4 min

The legislation is poised to bring a $100 billion microchip manufacturing center to the area where Johnson was campaigning with GOP Rep. Brandon Williams. “As I have further explained and clarified, I fully support Micron coming to Central NY, and the CHIPS Act is not on the agenda for repeal,” Johnson later said in a statement. The new funding was intended to help companies bring chip manufacturing back to the US and, as a result, help lower costs and prevent supply chain disruptions. Earlier Friday, Johnson was asked by a reporter from Citrus TV News, “The former president has said that he doesn’t support the CHIPS and Sciences Act. “We’re going to support chip manufacturing, we do not support the Green New Deal.

Persons: Mike Johnson, Johnson, “, Donald Trump, Brandon Williams, ” Johnson later, Williams, Sen, John Mannion –, ”, ” Johnson, “ We’ve, “ We’re, Kamala, Mannion, “ Trump, ” “, ” Mannion Organizations: CNN —, GOP Rep, Micron, NY, Green New, Democratic, Citrus TV, Sciences, Republican, Trump, Green New Deal, Central Locations: Syracuse , New York, New York, New, Central New York, Mohawk

☆ Lightning Round: CME is a strong buy, says Jim Cramer
▼ + stars: | 2024-10-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: CME is a strong buy, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Vertex, CME, T. Rowe Price, and Micron.

Persons: Jim Cramer, Rowe Price Organizations: Micron

☆ Cramer's Lightning Round: Vertex Pharmaceuticals is a buy
▼ + stars: | 2024-10-30 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Vertex Pharmaceuticals : "This company is doing the lord's work...I think it should be bought." CME Group : "It is one of the most consistent, great companies...It is a strong buy." T. Rowe Price Group : "I think it's such a great company...I want to buy the stock." Micron : "Enough with the selling of MU."

Persons: Rowe Price Organizations: Vertex Pharmaceuticals, Micron, MU

☆ Trump accuses Taiwan of stealing U.S. chip industry. Here's what the election could bring
▼ + stars: | 2024-10-28 | by ( Seema Mody | ) www.cnbc.com time to read: +4 min

Former President Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on "The Joe Rogan Experience" podcast and accused Taiwan of stealing America's chip industry. Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Shares of Taiwan Semiconductor closed down 4.3% on Monday. The U.S. Commerce Department funds have yet to be allocated to Taiwan Semiconductor or other major semiconductor firms. "We put up billions of dollars for rich companies to come in and borrow the money and build chip companies here.

Persons: Donald Trump, Joe Rogan, Trump, Bernstein, Stacy Rasgon, Rasgon, CC Wei, shouldn't, They're, he'll, Patrick Moorhead, Kamala Harris, it's, Biden Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, Taiwan Semiconductor, Amazon, Google, Microsoft, UBS, Intel, Samsung, U.S, CNBC, U.S . Commerce Department, CC, Funds, Mizuho, Trump, Analysts, Citi, VanEck Semiconductor, Global, Texas, China, Micron Locations: Taiwan, U.S, China, Arizona

☆ Chip stocks rally after TSMC's strong sales forecast calms growth worries
▼ + stars: | 2024-10-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Semiconductor stocks rose after TSMC's strong sales forecast. TSMC's performance boosts an industry shaken by another chipmaker's disappointing outlook this week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied on Thursday on TSMC's strong results. TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projections of mid-20% expansion.

Persons: —, chipmakers, C.C, Wei, It's, ASML Organizations: Service, Taiwan Semiconductor Manufacturing Company, Nvidia, Broadcom, Micron, iShares Semiconductor Locations: New York

☆ Stocks making the biggest moves midday: Nvidia, Travelers, Blackstone, Uber and more
▼ + stars: | 2024-10-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Travelers' third-quarter earnings came in at $5.24 per share, topping the $3.55 a share expected from analysts polled by LSEG. Blackstone reported third-quarter earnings of $1.01 per share on revenue of $2.43 billion. CSX — Shares slipped 5.9% after the transportation company reported disappointing third-quarter results. Alcoa — The aluminum producer's stock shed more than 3% after the company reported third-quarter revenue of $2.90 billion, below the $2.97 billion LSEG consensus estimate. Synovus Financial — Shares popped 5% after the company reported better-than-expected adjusted earnings per share for the third quarter.

Persons: Uber, LSEG, Elevance, Blackstone, Equifax, Synovus, — CNBC's Sean Conlon, Hakyung Kim, Alex Harring, Pia Singh Organizations: Taiwan Semiconductor, Nvidia, Micron, Times, Expedia, —, LSEG, CSX, Nokia —, Alcoa, FactSet, Dynamics, Steel, Walgreens, Alliance

☆ Intel is a security risk for China, says influential industry group
▼ + stars: | 2024-10-16 | by ( ) edition.cnn.com time to read: +3 min

Beijing Reuters —Intel products sold in China should be subject to a security review, the Cybersecurity Association of China (CSAC) said on Wednesday, alleging the US chipmaker has “constantly harmed” the country’s national security and interests. “It is recommended that a network security review is initiated on the products Intel sells in China, so as to effectively safeguard China’s national security and the legitimate rights and interests of Chinese consumers,” CSAC said. Last year, CAC barred domestic operators of key infrastructure from buying products made by US memory chipmaker Micron Technology Inc (MU) after deeming the company’s products as having failed its network security review. A similar security review on Intel products could negatively impact the company’s revenues, over a quarter of which came from China last year. “This poses a great security threat to the critical information infrastructures of countries all over the world, including China … the use of Intel products poses a serious risk to national security,” CSAC said.

Persons: ” CSAC, ”, Dan Coatsworth, AJ Bell Organizations: Beijing Reuters, Intel, Cybersecurity Association of China, Cyberspace Administration of China, CAC, Micron Technology Inc, Washington, US National Security Agency, NSA, Nvidia Locations: Beijing, China

☆ Hot chip stocks suffer a tough one-two punch, but there are winners in Tuesday's down market
▼ + stars: | 2024-10-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Biden, ASML, Christophe Fourquet, We're, LVMH, Luis Vuitton, it's, Estee Lauder, JB Hunt, Morgan Stanley, Abbott, Wells Fargo, Jim Cramer's, Jim Organizations: CNBC, ., Energy, Technology, Dow, Semiconductors, Nvidia, Devices, Bloomberg News, U.S, Broadcom, Micron, Taiwan Semiconductor Manufacturing, United Airlines, Interactive, Abbott Laboratories, Jim Cramer's Charitable Locations: U.S, France, China, Estee

During an interview with CNBC's " The Exchange " on Monday, Forrest advised investors to look for companies that consistently outperform their peers. Stock picks The investor provided the names of three companies that she believes meet her criteria: Exxon Mobil, artificial intelligence play Micron Technology and Urban Outfitters . Regarding Micron Technology, Forrest said she is a "believer in AI." As for Urban Outfitters, Forrest said that, although its eponymous brand is struggling, there is ongoing strength across its other brands — Free People and Anthropologie. The recent appointment of Urban Outfitters' new president should translate into traction with younger customers in the current quarter, Forrest said.

Persons: Kim Forrest, CNBC's, Forrest, Stock Organizations: Bokeh Capital Partners, Exxon Mobil, Micron Technology, Urban Outfitters, Micron, Free

☆ Cramer's Lightning Round: Robinhood is a buy
▼ + stars: | 2024-10-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Micron's year-to-date stock performance. Stock Chart Icon Stock chart icon American Tower's year-to-date stock performance. Stock Chart Icon Stock chart icon ADMA Biologics' year-to-date stock performance. Stock Chart Icon Stock chart icon Robinhood's year-to-date stock performance. Stock Chart Icon Stock chart icon CVS's year-to-date stock performance.

Persons: Howmet, Modine, ADMA Biologics, ADMA Organizations: Dominion Freight, Old Dominion Freight, Union Pacific, Micron, Howmet Aerospace, Modine

☆ Lightning Round: Buy Robinhood, says Jim Cramer
▼ + stars: | 2024-10-10 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Buy Robinhood, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Old Dominion, Micron, American Tower, Howmet Aerospace, Modine Manufacturing, ADMA Biologics, Robinhood, and CVS.

Persons: Jim Cramer, ADMA Organizations: Dominion, Micron, Howmet Aerospace, Modine, CVS

Nonfarm payrolls added 254,000 jobs in September, while the unemployment rate fell to 4.1%, down 0.1 percentage points. "It was a very good report across every indicator in there," said Aaron Sojourner, a senior researcher at the W.E. As they barnstorm across battleground states, Harris and Trump paint dueling pictures of the U.S. labor market. Jim Watson | AFP | Getty ImagesThe jobs report adds to a flurry of good economic news in recent weeks, with metrics that could potentially amount to the best economic upswing in decades. Following the jobs report blowout, the Dow Jones Industrial Average closed out last week at a fresh all-time high of 42,352.75.

Persons: Kamala Harris, Donald Trump, payrolls, Dow, Aaron Sojourner, Harris, Trump, Jim Watson, I've, Mark Zandi, Biden, Clinton, Justin Wolfers, stoking Organizations: . Upjohn Institute, Employment Research, Trump, CBS, Republican, Ryder Center for Health, Physical Education, Saginaw Valley State University, AFP, Getty, Federal Reserve, University of Michigan, Dow Jones, Nasdaq, chipmaker Micron Technology, Oracle Locations: U.S, Michigan, America, Saginaw, Saginaw , Michigan

☆ The world's largest chipmaker TSMC is about to be tested as it uses more and more power
▼ + stars: | 2024-10-07 | by ( Helen Li | ) www.businessinsider.com time to read: +3 min

TSMC has high power usage, and Taiwan's tight electricity supply will test its chip production. TSMC aims for net zero emissions by 2050, but renewable energy growth faces hurdles. The surge in energy consumption last year is likely due to the increase in 3nm semiconductor production, the analysts said. In 2021, TSMC announced a commitment to reach net zero emissions by 2050 through a combination of renewable energy certificates and power purchase agreements. Adding renewable energy supplies would help alleviate this problem, although the island's geography makes it difficult to increase solar and wind power sources.

Persons: TSMC, — Organizations: Service, P, Micron, Intel Locations: TSMC, Phoenix

☆ There’s too much negativity about the stock market. Focus on these 3 positives instead
▼ + stars: | 2024-10-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. We hear about OpenAI and its brilliant $167 billion valuation , but we don't see any stock available to public-market investors. I have been furious at myself for thinking the Chinese government couldn't do anything about the country's struggling stock market. The Chinese stock market has been rallying nicely since the stimulus announcements. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Elon Musk, he's, isn't, Carl Quintanilla, David Tepper, holler, That's, that's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Federal Reserve, Walmart, Fed, SpaceX, Nike, Walgreens, CVS Health, Club, GE Healthcare, Wynn Resorts, Chinese Communist Party, Apple, PDD Holdings, JD.com, Baidu, Diamondback Energy, Exxon Mobil, CNBC, New York Stock Exchange, Getty Locations: U.S, China, —, New York City

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