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Taiwan Semi Slides Despite Record Results In Warning Sign For Chip Companies

Taiwan Semi Slides Despite Record Results In Warning Sign For Chip Companies Taiwanese chip giant, Taiwan Semiconductor Manfuacturing Co, said Thursday its net profit surged to a fresh record in the first quarter, fueled by the global artificial intelligence race despite the war in the Middle East. Massive demand for AI hardware means business is booming for TSMC -- the biggest contract maker of microchips used in everything from Apple phones to Nvidia processors. TSMC's net profit for the first three months of the year jumped 58.3% YoY to NT$572.5 billion ($18...
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May 10, 2026 / Tyler Durden
AI Is Losing The PR Battle And The Consequences Could Be Huge
AI Is Losing The PR Battle And The Consequences Could Be Huge Authored by Donald Kendal via The Epoch Times, Lately, when watching high-profile sporting events like the NBA Playoffs, you may have noticed a rash of commercials for artificial intelligence (AI) companies. While average commercials strive to show off new products or services or recruit new customers, these AI commercials seem to have a different primary objective. They seem to target goodwill. Heartwarming commercials show families bonding over AI-generated memories, where AI brings life to old family photos. Emotional voice-overs promise...
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May 3, 2026 / Jason Ditz
Israeli Troops Attack Catholic Convent in Southern Lebanon Town of Yaroun
The Israeli military attacked and seriously damaged a convent in the southern Lebanese town of Yaroun, leading to international condemnation from Christian groups. The convent belonged to the Greek Catholic order “Basilian Salvatorian Sisters,” and was known for supporting schools in the local community. The order said they had been told the building had been […]
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Mar 28, 2026 / Tyler Durden
Alarming West Texas Oil Theft Emerges As National Security Threat
Alarming West Texas Oil Theft Emerges As National Security Threat Criminals are exploiting weak points across the West Texas oil production region, which accounts for 15% of the world's energy resources. This emerging wave of oil theft is burning a multi-billion-dollar hole in the budgets of oil and gas operators across the Permian Basin and is becoming a national security threat. Bloomberg reports that oil and gas producers are losing at least $1 billion, if not more, per year due to oilfield theft in what the outlet describes as something...
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