• TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom

    TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
    Taiwan Semiconductor Manufacturing Co. announced third-quarter results that surpassed analyst expectations, driven by sustained worldwide demand for artificial intelligence-related semiconductors. The company achieved a record net profit representing a 68.7% increase compared to the same period a year earlier, marking its sixth consecutive quarter of record profitability.
    The chipmaker’s operating margin reached 58.7% for the quarter, exceeding the upper end of its guidance range of 58%,
  • Airport attacks put aviation in crosshairs of geopolitical conflicts

    Airport attacks put aviation in crosshairs of geopolitical conflicts
    Deadly attacks on a major Saudi Arabian airport have underscored the growing vulnerability of aviation infrastructure to geopolitical conflicts in the Middle East. The strikes, claimed by Yemen’s Houthis, resulted in at least 13 deaths and over 300 injuries at King Khalid International Airport in Riyadh, marking the deadliest airport attack in the country in more than a decade. The incident prompted the airport to close for extended periods, with several carriers suspending operations cit

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