Chance of AI correction is pretty high

Chance of AI correction is pretty high

File: Meta President Global Affairs Nick Clegg speaks during a press conference at the Meta showroom in Brussels on December 07, 2022. Kenzo Tribouillard | Afp | Getty Images The chance of a market correction in the artificial intelligence sector is “pretty high,” former Meta executive and British politician Nick Clegg warned on Wednesday, as…

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UK GDP for August 2025

UK GDP for August 2025

Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images The British economy expanded by a lackluster 0.1% in August, according to the latest figures from the Office for National Statistics. “Production grew by 0.4% in August 2025, whereas services showed no growth and construction fell by…

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TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge

TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge

The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Taiwan Semiconductor Manufacturing Company on Thursday reported a 39.1% increase in third-quarter profit from last year, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results versus…

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