- Yahoo Finance Video
Why investors need to take Taiwan chipmaker risk 'seriously'
Semiconductors are at the heart of the AI revolution, and with chipmakers leading the charge, it raises questions about the implications for nations reliant on international chip manufacturers. Christopher Miller, assistant professor of international History at Tufts University, joins Market Domination Overtime to discuss the landscape of chip manufacturing. Miller notes that the leading chipmakers in the US heavily depend on the semiconductor giants in Taiwan, stating, "it does present a risk that I think investors have to take seriously." With the surge in chip manufacturing investments occurring in the US, Miller believes that "it won't be complete self-sufficiency, but it does mean a lot more resilience, especially in case of a political crisis in East Asia." When it comes to China, Miller suggests that "China is probably going to be close to self-sufficient" in creating chips near the end of the decade. However, he points out that China faces challenges in manufacturing high-end chips, as "right now it's all in Taiwan." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
- The Weather Network
Severe thunderstorm threat spans the Maritimes, risk of strong winds, large hail
Stay alert: The threat for severe thunderstorms pushes across the Maritimes Thursday, with the risk for heavy rain, strong winds and large hail all on the table
- Yahoo Finance Video
Ross Stores boosts forecast, stock pops
Ross Stores (ROST) posted better-than-expected first quarter earnings and raised its full-year earnings guidance. For Q1, the discount retailer posted earnings per share of $1.46 compared to a $1.35 estimate. Revenue of $4.86 billion was about in line with Wall Street expectations of $4.82 billion. Ross Stores also raised its full-year earnings forecast to a range of $5.79 to $5.98 per share, up from $5.64 to $5.89. However, in the release, CEO Barbara Rentler says, “Ongoing uncertainty in today’s macroeconomic and geopolitical environments, including prolonged inflation, continue to squeeze our low-to-moderate income customers’ purchasing power." Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
