Article
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 1, 2026 / Tyler Durden
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
Authored by Mary Prenon via The Epoch Times,
America’s mortgage debt continues to escalate, hitting the $13.2 trillion mark, according to an April 30 WalletHub report.
The personal finance website and app indicated that the average U.S. household owes nearly $109,000 in outstanding mortgage balances and that mortgage debt has remained on an upward trend over the past few years.
“Mortgage rates are the highest they’ve been in around a decade, and home prices have seen a meteoric rise in recent years...
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Apr 15, 2026 / Tyler Durden
Pentagon Accused Of Cover-Up After Missing Deadline On 46 Military UAP Videos
Apr 3, 2026 / Tyler Durden
Second US Warplane Lost: A-10 Warthog Crashes Near Hormuz Shortly After F-15 Shootdown
Second US Warplane Lost: A-10 Warthog Crashes Near Hormuz Shortly After F-15 Shootdown
Update(1535ET): Friday has witnessed a sudden spate of disasters for the US Air Force over Iran. The downed F-15 situation is still ongoing, there are unconfirmed reports a Blackhawk helicopter may have been shot down, and now the NYT is confirming an A-10 Warthog crashed in the Persian Gulf region:
A second Air Force combat plane crashed in the Persian Gulf region on Friday, and the lone pilot was safely rescued, according to two U.S. officials who spoke...
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