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2021-06-22

Wow

U.S. chip foundry announces new manufacturing plant in Singapore

2021-06-21

Bearish

U.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak

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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. chip foundry announces new manufacturing plant in Singapore</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. chip foundry announces new manufacturing plant in Singapore\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/globalfoundries-announces-new-singapore-plant.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobalFoundries said Tuesday it will build a new fabrication plant in Singapore to meet the unprecedented global demand for chips.\nThe new facility will be developed in partnership with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/globalfoundries-announces-new-singapore-plant.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMH":"半导体指数ETF-HOLDRs","SOXX":"iShares费城交易所半导体ETF"},"source_url":"https://www.cnbc.com/2021/06/22/globalfoundries-announces-new-singapore-plant.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156641454","content_text":"KEY POINTS\n\nGlobalFoundries said Tuesday it will build a new fabrication plant in Singapore to meet the unprecedented global demand for chips.\nThe new facility will be developed in partnership with the Singapore Economic Development Board and with co-investments from committed customers, the company said.\nMore than $4 billion will be invested into the development, according to GlobalFoundries.\n\nSINGAPORE — U.S.-headquartered semiconductor manufacturer GlobalFoundries announced Tuesday that it will build a new fabrication plant in Singapore to meet the unprecedented global demand for chips.\nThe new facility will be developed in partnership with the Singapore Economic Development Board and with co-investments from committed customers, GlobalFoundries said. More than $4 billion will be invested into the development, according to the company.\n\"Our new facility in Singapore will support fast-growing end-markets in the automotive, 5G mobility and secure device segments with long-term customer agreements already in place,\" GlobalFoundries CEO Tom Caulfield said in a statement.\nA global shortage of semiconductor microchips is causing havoc,delaying car productionandaffecting operationsat some of the largest consumer electronics manufacturers.\nA virtual groundbreaking ceremony for the plant was attended by Singapore's Transport Minister S Iswaran as well as Mubadala Investment Company Managing Director and Group CEO Khaldoon Khalifa Al Mubarak, among others.\nMubadala, a United Arab Emirates state investment company, owns GlobalFoundries.\n\"The semiconductor industry is a key pillar of Singapore's manufacturing sector, and\nGlobalFoundries' new fab investment is testament to Singapore's attractiveness as a global node for advanced manufacturing and innovation,\" Beh Swan Gin, chairman of the Singapore Economic Development Board said in a statement.\nImportance of foundries\nSemiconductors are critical components that power all kinds of electronics, from smartphones to computers to the brake sensors in cars. Their production involve a complex network of firms that design the chips, companies that manufacture them as well as those that supply the technology, materials and machinery to do so.\nGlobalFoundries is a so-called \"pure\" foundry, with factories in the U.S., Germany and Singapore. Foundries are companies that are contracted by semiconductor firms to build chips. GlobalFoundries manufactures semiconductors designed by the likes ofAMD, Qualcomm and Broadcom.\nThe global chip shortage has highlighted the importance of foundries, which areinvesting billionsin new production lines and upgraded equipment to meet the surge in demand.\nTaiwan Semiconductor Manufacturing Company, or TSMC, is the world's biggest foundry by market share and revenue,according to TrendForce. It has about 56% market share, followed by Samsung (18%), UMC (7%) and GlobalFoundries (7%).\nSemiconductor designers and manufacturers are trying to make chips smaller and better. At the moment, only TSMC and Samsung have the ability to manufacture the most advanced chips.\nFor his part,Caulfield told CNBC this yearthat GlobalFoundries is planning to invest $1.4 billion in its foundries to address the shortage. The company plans to expand capacity at all its manufacturing sites.","news_type":1},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167676026,"gmtCreate":1624267810465,"gmtModify":1703831986351,"author":{"id":"3578003136086789","authorId":"3578003136086789","name":"melvinc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578003136086789","authorIdStr":"3578003136086789"},"themes":[],"htmlText":"Bearish","listText":"Bearish","text":"Bearish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167676026","repostId":"1135081526","repostType":4,"repost":{"id":"1135081526","kind":"news","pubTimestamp":1624261638,"share":"https://ttm.financial/m/news/1135081526?lang=&edition=fundamental","pubTime":"2021-06-21 15:47","market":"us","language":"en","title":"U.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak","url":"https://stock-news.laohu8.com/highlight/detail?id=1135081526","media":"Bloomberg","summary":"(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U","content":"<p>(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.</p>\n<p>St. Louis Fed President James Bullard, Dallas Fed President Robert Kaplan and New York Fed President John Williams will speak on Monday before Chair Jerome Powell testifies to Congress on Tuesday. Friday will feature a reading on the central bank’s favored inflation gauge, while in between, other regional Fed chiefs discuss the economy and monetary policy.</p>\n<p>The JPMorgan Global FX Volatility Index has climbed sharply since the Fed projections last week showed more than one rate hike in 2023. In an indication of what what may be to come this week, two-year Treasury yields and the greenback jumped on Friday after Bullard said it may be appropriate for the central bank to start raising interest rates next year.</p>\n<p>Policy makers will have a close eye on how hawkishly markets are taking their comments and forecasts, according to Vishnu Varathan, the Singapore-based head of economics and strategy at Mizuho Bank Ltd. “If markets fall into old habits of over-indulgence, then Fed attempts to rein in run-away hawks down the road should not surprise anyone,” he wrote in a research note.</p>\n<p><b>Key Gauges</b></p>\n<p>The Bloomberg Dollar Spot Index is little changed on Monday after jumping 2% last week, the most since April 2020.</p>\n<p>Data due Friday is projected to show year-on-year growth in core personal consumption expenditures probably quickened to 3.4% last month, from 3.1% in April, which was already the highest since 1992.</p>\n<p>“Market participants will be interested in whether Powell and Williams indicate concerns about an inflation overshoot,” according to a research note from Commonwealth Bank of Australia. “Signs that the FOMC is growing less certain about the inflation outlook is important for the policy outlook, and can support the U.S. dollar.”</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.\nSt. Louis Fed ...</p>\n\n<a href=\"https://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135081526","content_text":"(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.\nSt. Louis Fed President James Bullard, Dallas Fed President Robert Kaplan and New York Fed President John Williams will speak on Monday before Chair Jerome Powell testifies to Congress on Tuesday. Friday will feature a reading on the central bank’s favored inflation gauge, while in between, other regional Fed chiefs discuss the economy and monetary policy.\nThe JPMorgan Global FX Volatility Index has climbed sharply since the Fed projections last week showed more than one rate hike in 2023. In an indication of what what may be to come this week, two-year Treasury yields and the greenback jumped on Friday after Bullard said it may be appropriate for the central bank to start raising interest rates next year.\nPolicy makers will have a close eye on how hawkishly markets are taking their comments and forecasts, according to Vishnu Varathan, the Singapore-based head of economics and strategy at Mizuho Bank Ltd. “If markets fall into old habits of over-indulgence, then Fed attempts to rein in run-away hawks down the road should not surprise anyone,” he wrote in a research note.\nKey Gauges\nThe Bloomberg Dollar Spot Index is little changed on Monday after jumping 2% last week, the most since April 2020.\nData due Friday is projected to show year-on-year growth in core personal consumption expenditures probably quickened to 3.4% last month, from 3.1% in April, which was already the highest since 1992.\n“Market participants will be interested in whether Powell and Williams indicate concerns about an inflation overshoot,” according to a research note from Commonwealth Bank of Australia. “Signs that the FOMC is growing less certain about the inflation outlook is important for the policy outlook, and can support the U.S. dollar.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":129104383,"gmtCreate":1624363110842,"gmtModify":1703834400056,"author":{"id":"3578003136086789","authorId":"3578003136086789","name":"melvinc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578003136086789","authorIdStr":"3578003136086789"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129104383","repostId":"1156641454","repostType":4,"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167676026,"gmtCreate":1624267810465,"gmtModify":1703831986351,"author":{"id":"3578003136086789","authorId":"3578003136086789","name":"melvinc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578003136086789","authorIdStr":"3578003136086789"},"themes":[],"htmlText":"Bearish","listText":"Bearish","text":"Bearish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167676026","repostId":"1135081526","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}