TSMC CEO said he views customers as partners but the company must still remain profitable.

US Challenger job-cut announcements YoY +3.4% in May; prior -20.9%.

At a congressional hearing on the 3rd (local time), Secretary of State Rubio said Greenland "still belongs to Denmark" and that the US is conducting ongoing security and defense consultations with Denmark and Greenland. He said a monthly consultation mechanism has been established and that talks on Greenland’s role in collective defense are "making good progress," but he declined to provide details.