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UBS: TSMC's 'Surprise CapEx Hike' Reinforces Confidence In AI Supply Chain

UBS: TSMC's 'Surprise CapEx Hike' Reinforces Confidence In AI Supply Chain TSMC, or Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, raised its 2026 spending and revenue outlook on Thursday morning, a move UBS analysts said "boosts confidence in the AI supply chain." TSMC manufactures chips designed by companies such as Nvidia, Apple, AMD, Qualcomm and Broadcom. It is a major supplier of Nvidia chips used in AI data centers. The company now expects 2026 capital expenditures of $60 billion to $64 billion, up from its previous forecast of $52...
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Jul 20, 2026 / Dave DeCamp
Russia Says Ukrainian Drone Hit Bus in Belgorod Region, Killing Five Civilians
A Ukrainian drone hit a bus in Russia’s Belgorod Oblast on Monday, killing five civilians, according to Russian officials, as Ukrainian forces continue to launch major US-backed drone swarms into Russian territory. “It is with a heavy heart that ‌I ⁠report: according to preliminary data, five innocent civilians, including a minor, were killed as a […]
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Apr 15, 2026 / Tyler Durden
Major Israeli PAC Flips: Tel Aviv Should Pay Out-Of-Pocket If It Wants US Weapons
Major Israeli PAC Flips: Tel Aviv Should Pay Out-Of-Pocket If It Wants US Weapons via Middle East Eye The pro-Israel advocacy group J Street is now calling for an end to "direct" US military support to Israel, per a new policy document published this week. The group had previously backed Washington's continued provision of defensive weapons systems, such as the replenishment of Israel's Iron Dome, at no cost to Israelis.  Now, it says the US "should continue to sell" short-range air and ballistic missile defense capabilities to Israel, but Israel should use its own money to...
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Oct 16, 2026 / Tyler Durden
Things Have Changed...
Things Have Changed... Authored by James Howard Kunstler via kunstler.com, I remind you once again: history is a trickster. Sometimes things turn out, and sometimes they just turn, and these days they're turning hard. Get this: Russia is not our mortal enemy anymore. This is not 1956 or even 1986. It is no longer the so-called Free World against the wicked Hammer and Sickle. Russia is no longer a weird political science experiment acting in defiance of human nature - that is, of people striving to make good lives for their families....
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