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US limits TSMC chipmaking tool shipments to China
President Donald Trump’s administration has revoked Taiwanese semiconductor giant TSMC’s authorization to export US chipmaking equipment to China without a license, further restricting access to US technology in the country.The move comes as the US Commerce Department moved to end the “validated end-user” (VEU) program allowing select foreign semiconductor manufacturers to export US-origin goods and …
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Gold hits high, stocks retreat as investors seek safety
Stock markets fell and gold hit a record high Tuesday as investors fled to safe havens over concerns about US President Donald Trump’s Federal Reserve fight, tariffs uncertainty and Europe’s public finances.Wall Street’s main indices spent the entire session in the red after investors returned from the Labor Day holiday, while European stock markets lost …
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