Seeking Alpha: TSMC Separating Itself From The Pack
Mark Hibben, author at Seeking Alpha, discusses how Taiwan Semiconductor Manufacturing Company is separating itself from other chip makers like Intel. TSMC is the exclusive supplier of Apple's A12 processors.
Hibben explains TSMC is a "pure play" foundry, meaning the company does not design any of its own chips, it just manufactures them.
Hibben believes Apple chose TSMC because of trust. In the past, the companies have shared a lot of intellectual property with one another.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
