Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand. The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has pushed TSMC’s stock – and the broader Taiwan market – to record highs. TSMC is set to report a net profit of T$236.1 billion ($7.25 billion) for the quarter ended June 30, according to a LSEG SmartEstimate drawn from 20 analysts.
Source
Dallas police shooting: Officer ‘executed by coward’ in ambush attack; 2nd officer remains critical
Police Chief Eddie Garcia says they lost a hero Thursday night after Officer Darron Burks was “executed” by a coward. Meanwhile, an officer who was shot in the face continues to fight for her life. Here’s the latest. Source
