NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push 
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling 
Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits 
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Taiwan Semiconductor Manufacturing Co. (TSMC) enters talks with Japan for subsidized funding of a new Kyushu chip plant to mitigate the short supply of previous-gen chips, even as employee satisfaction issues spark debates.
However, the planned factory will not manufacture next-generation semiconductors, as they are already made in the U.S., according to TSMC Chairman Mark Liu. He added that another reason is that many customers think previous-generation models are in short supply.
The Japanese government is subsidizing up to $3.41 billion for the Kikuyo project, which has been joined by Denso Corp and Sony Group Corp. The largest contract chip manufacturer in the world, TSMC, also intends to construct a facility in Germany and is currently negotiating a subsidy with the German government. Years.
Meanwhile, Liu told the company's U.S. employees who are dissatisfied with their "brutal" workplace culture should not be in this industry. Liu emphasized that the industry does not depend on high salaries but on employees with a genuine interest in being a part of it. He was responding to questions following an article published in Fortune that outlined TSMC's U.S. employees' dissatisfaction with the company's working conditions.
The article quoted a TSMC employee saying that the company is about obedience and is not ready for the U.S. Another employee complained about the standard twelve-hour days and common weekend shifts that he described as brutal.
In February, Taiwanese TSMC workers voiced worries that their American coworkers wouldn't be able to keep up with them and that the American and Taiwanese work cultures would conflict. The concerns arose as the business moved through with its plans to invest US$40 billion in manufacturing facilities in Arizona.
According to Liu, TSMC personnel from the U.S. and Taiwan are not required to carry out tasks in the same way. But he emphasized that employees must uphold the company's key values of honesty, reliability, innovation, and upholding client trust.
Photo: Briáxis F. Mendes (孟必思)/Wikimedia Commons(CC BY-SA 4.0)
