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@YahooFinance reported that shares of the world's largest contract chipmaker rose Tuesday after the company announced plans to increase prices by as much as 10 percent starting in 2027. The move aims to cover higher costs for materials, equipment and new facilities.
moneycontrol.comTSMC shares rose Tuesday after reports that the company plans to increase chipmaking prices by up to 10 percent beginning in 2027. @YahooFinance reported that the price adjustment is intended to offset rising expenses for materials, manufacturing equipment and construction of overseas plants. TSMC is the world's largest contract chipmaker.
The stock movement followed the disclosure of the planned increases, which take effect after the current year.
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jamaica-gleaner.comA federal judge on Monday approved a $1.5 billion class-action settlement requiring AI company Anthropic to compensate authors whose books were used to train its Claude chatbot. The agreement resolves claims involving more than 482,000 pirated works.
moneycontrol.comSony Music Entertainment sued AI music generator Udio in New York court on Monday. The complaint targets unauthorized use of more than 30,000 recordings to train the company's models.
thenextweb.comApple plans to introduce a device leasing option through a financing partner to encourage more frequent upgrades. The program aims to address slowing iPhone sales by making newer devices more accessible to customers.