Oil prices surge 6%, global markets price in US-Iran conflict, Bitcoin and cryptocurrencies under pressure
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AI infrastructure boom drives a surge in “going global”: TSMC bets $265 billions on the US, leading Taiwanese companies in overseas expansion
TSMC (TSM.US), along with several other Taiwanese companies, is significantly increasing its overseas investments to optimize supply chain layout and capitalize on the surge in demand for AI infrastructure.
Finland halts construction of two planned Google data centers due to environmental assessment issues
Finnish authorities have ordered the suspension of construction on two proposed Google (GOOG.US) data centers due to concerns over the clearing of more than 300 hectares of forest. These projects are part of Google's record €13 billion investment plan in Finland, which was announced less than a month ago and described by Google as its largest single investment in Europe. Finnish regulators stated that construction at one of the sites was carried out without a mandatory environmental impact assessment and ordered the suspension of all construction activities that would "significantly alter the environment" until October 23. Google stated that the company "did not meet its own high standards in this incident" and will comply with the regulators’ guidance.
Spot gold breaks through the $4,150/ounce mark
Spot gold has just surpassed the $4,150.00/oz mark, now quoted at $4,149.98/oz, down 0.33% on the day; COMEX gold futures main contract is now at $4,177.40/oz, down 0.23% on the day.
Perth Mint's silver sales in September increased to 605,408 ounces
Perth Mint's silver sales increased to 605,408 ounces in September.
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