TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing

TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing

Taiwan Semiconductor Manufacturing Company plans to build an additional factory and upgrade another planned facility in Phoenix with the federal grants.
China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion

China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion

China’s securities regulator fined the developer’s founder, Hui Ka Yan, and banned him from participating in the country’s financial markets for life.