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TSMC raises revenue forecast on bullish outlook for AI megatrend

TSMC raises revenue forecast on bullish outlook for AI megatrend

TSMC, the world’s biggest producer of advanced chips, raised its full-year revenue forecast on Thursday on a bullish outlook for spending on artificial intelligence, after posting a record profit that blew past market estimates.
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Macquarie confident in AI, data centre future after $40 billion Aligned sale

Macquarie confident in AI, data centre future after $40 billion Aligned sale

The head of Australia’s Macquarie Asset Management (MAM), which sold its Aligned Data Centers business in a deal worth $40 billion, said on Thursday the sale was not a sign the global data centre boom had peaked.
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Braving Trump, Apple's Tim Cook promises to boost China investment

Braving Trump, Apple's Tim Cook promises to boost China investment

Apple’s Tim Cook pledged to boost the tech giant’s investment in China on Wednesday as it navigates the trade war between Beijing and Washington.
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Exclusive-Apple lobbies India to change tax law seen hindering its expansion, sources say

Exclusive-Apple lobbies India to change tax law seen hindering its expansion, sources say

Apple is lobbying India’s government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, sources say.
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