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TSMC reported Q3 net profit rose 69% YoY to NT$763.1bn (≈$23.6bn), beating analyst estimates. Quarterly revenue gained 51% YoY to $47.0bn, also above expectations. The company said revenue growth has accelerated over the past two quarters and it is s

2026-10-15

TSMC reported Q3 net profit rose 69% YoY to NT$763.1bn (≈$23.6bn), beating analyst estimates. Quarterly revenue gained 51% YoY to $47.0bn, also above expectations. The company said revenue growth has accelerated over the past two quarters and it is speeding capacity expansion. TSMC reiterated this year's capex could reach a record $64bn. Market forecasts for TSMC 2027 capex have risen: Goldman sees $85bn, UBS $90bn, both above a $75bn institutional-survey average. TSMC is moving to build and equip roughly 20 fabs domestically and overseas simultaneously, versus a historical norm of four to five concurrent plants.

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2026-10-14

OpenAI said in filings in Apple’s trade-secrets lawsuit that a former OpenAI employee who later joined Apple transferred more than 100 documents related to unreleased OpenAI products to a personal account and briefed senior Apple management on those

OpenAI said in filings in Apple’s trade-secrets lawsuit that a former OpenAI employee who later joined Apple transferred more than 100 documents related to unreleased OpenAI products to a personal account and briefed senior Apple management on those products.
2026-10-15

Iranian parliament speaker Ghalibaf said negotiating and US promises cannot guarantee Washington will stop attacking Iran. He outlined a two-stage strategy: first win strategic advantage through fighting, then use that leverage to compel the US to ac

Iranian parliament speaker Ghalibaf said negotiating and US promises cannot guarantee Washington will stop attacking Iran. He outlined a two-stage strategy: first win strategic advantage through fighting, then use that leverage to compel the US to accept an understanding, converting military gains into politics benefits, resources and time to strengthen deterrence. He said fighting alongside negotiations does not imply endless war but aims to pressure the enemy into accepting Iran’s legitimate demands. Ghalibaf accused the US of breaking prior commitments and said Washington must be punished, change its behavior and ultimately accept Iran’s terms.
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