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.
A legal expert helps break down why Tesla shareholders are voting on Elon Musk’s historic pay deal – and why betting against Musk usually doesn’t pay off.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.