Stellar 10Y Auction Stops Through, With Highest Bid To Cover In A Decade On BIggest Yield Since 2007

World's Largest Chipmaker, Taiwan Semi, Accelerates Local DRAM Supply Chain With Winbond Collaboration In a time of heightened scrutiny on the memory supply chain, overnight the world's largest chipmaker, Taiwan's TSMC, is reportedly building out a domestic DRAM supply chain in Taiwan amid a severe global memory shortage, bringing in Winbond as a partner, UDN reported. TSMC and Winbond are collaborating on a localized DRAM supply chain using 3D wafer-on-wafer (WoW) stacking technology, where Winbond would supply DRAM memory wafers to be stacked with TSMC's logic wafers. The move is designed...

Bezos Torches AOC, Says Billionaires "Earn Every Penny" Jeff Bezos sat down for a wide-ranging interview on CNBC’s Squawk Box this morning at a Blue Origin facility in Merritt Island, Florida - where he rattled off lots of thoughts, including how billionaires are made, slammed AOC, and opined on the relative impact of for-profit innovation versus charity, taxes, and bureaucratic inefficiency.  On Wealth Creation and "Unearned" Billionaires Bezos directly responded to criticism from figures like Rep. Alexandria Ocasio-Cortez (AOC), who has argued that accumulating $1 billion is inherently “unearned.” He rejected...

Homeowners Face Eminent Domain Bulldozers As Data Centers Demand Ever More Power Georgia Power isn’t negotiating anymore. The Southern Company subsidiary is seizing dozens of homes and hundreds of easements across Coweta and Fayette counties to ram through a 35-mile, 500-kilovolt transmission line that will feed at least four massive AI data centers. Project Wansley is just the latest flashpoint in a backlash that has been building for months. QTS Data Center in Fayetteville, Georgia At least 20 to 30 homes face outright demolition. Another 300-plus properties will get permanent easements for...