Chips manufactured in the US and Germany will cost more, TSMC says

TechSpot— TSMC's CEO recently stated that microchips produced outside of Taiwan, including those in the US, will incur higher manufacturing costs. The Taiwanese foundry is currently expanding its production capacity globally, but this move will necessitate a revised pricing strategy to align with shareholder interests.Read Entire Article

ETtech.com—US chip bans not meant to hobble China's growth, Blinken says. US export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken said during an interview with National Public Radio on Friday. Since 2022, US officials have imposed sweeping controls on which computing chips can be exported to China, cutting off some sales from Nvidia, Advanced Micro Devices and Intel, among others. Those controls followed earlier bans on shipping chips to Huawei...

AP News—US DEA will reclassify marijuana, ease restrictions, AP sources say. WASHINGTON (AP) — The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, The Associated Press...

The Guardian—TikTok says it will fight US ban or forced sale after bill passes. Platform’s future in US in doubt after House approves bill ordering Bytedance to sell stakeTikTok has said it will fight any ban or forced sale of the app’s US operation in the courts, after the House of Representatives passed legislation targeting the viral video platform.The company’s future in the US was placed in further doubt over the weekend after lawmakers in Washington passed a bill that will ban the app if TikTok’s Chinese owner, ByteDance, does not sell its stake in the American...