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.
Shares of Tylenol maker Kenvue are bouncing back sharply before the opening bell a day after President Donald Trump promoted unproven and in some cases discredited ties between Tylenol, vaccines and autism. Trump told pregnant women not to use the painkiller around a dozen times during the White House news conference Monday. The drugmaker tumbled 7.5%. Shares have regained most of those losses early Tuesday in premarket trading.
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