TSMC forecasts Q4 revenue jump of up to 61% after record Q3 profit

TSMC’s projected revenue surge underscores its pivotal role in advancing AI and high-performance computing, impacting global tech dynamics. The post TSMC forecasts Q4 revenue jump of up to 61% after record Q3 profit appeared first on Crypto Briefing.
Japan’s Nikkei and South Korea’s KOSPI Close With Steep Losses
The Nikkei fell 4.90% to 64,425.95 points, while the KOSPI dropped 7.56% to 5,554.27.
Prediction Markets Price October Fed Hike Odds Near One in Four
Early Oct. 15 contracts on Kalshi and Polymarket US favored a hold at the Oct. 27–28 meeting. The September consumer price index (CPI) report, released Oct. 14, showed inflation rising 0.6% from August.
South Korea Confirms Breaches at 16 Financial Institutions
About 100,000 personal-information records were leaked. Affected institutions include Streami, operator of crypto exchange GOPAX, and virtual asset service provider Prabang.
ALPS Names Brian Turnbow to Lead Its AI Data Center Push in Italy
Turnbow will assess sites and system architectures as ALPS develops its AI and high-performance computing strategy while continuing its mining operations.
Pernod Ricard Q1 Revenue Falls 6.3% as U.S. Sales Drop 10%
China sales also fell 25%, while quarterly volume rose 6%.
South Korea’s KOSPI Drops 7.56% as Japan’s Nikkei Falls 4.9%
The KOSPI fell more than 9% intraday and South Korea’s market triggered its 10th circuit breaker this year before losses narrowed.
Dutch Central Bank Moves 86 Metric Tons of Gold to London
London’s commercial and Bank of England vaults held 9,821 metric tons of gold at September’s end, valued at about $1.3 trillion.
What’s Really Driving Dell’s Boom? Barclays Has a Different Answer
Dell Technologies stock fell 11.27% on October 14 after Barclays cut the server maker to Equal Weight from Overweight. The bank said enterprise spending on AI has not reached a meaningful turning point. The downgrade landed a day after Michael Dell told CNBC that enterprise AI adoption is just beginning. Barclays Credits Memory Prices for […]
NYSE Tokenization Plan Extends ICE’s Electronic Trading History
ICE launched in 2000 after Jeffrey Sprecher bought an electricity-trading business in 1997, two years before Berkshire Hathaway agreed to acquire its owner.