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Absolutely fabless: Trump derails TSMC's China chip-building effort

2 months ago
World's largest foundry operator joins Samsung and SK Hynix, which recently lost their validated end-user status

The Trump administration terminated the world's largest foundry operator's validated end-user (VEU) status this week in an apparent bid to push Taiwan Semiconductor Manufacturing Co. (TSMC) out of China.…

Tobias Mann

US Workers Are Becoming More Stressed About Finances, BofA Survey Shows

2 months ago
U.S. workers are becoming more stressed about their rising personal debts and financial health, a Bank of America survey showed. From a report: Of the respondents polled by BofA, 47% of employed people said they had a sense of financial well-being, dropping from 52% at the start of the year. Nearly 85% of consumers carried some type of personal debt, while 26% of the workforce was seeking help in areas such as emergency savings, paying down debt, and overall financial wellness, compared with 13% in 2023, according to the May survey of more than 1,000 people working full-time.

Read more of this story at Slashdot.

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