Cryptocurrency to invest in expansion of their productive capacity

In recent weeks Bitcoin's price has seemed to continue marching higher. But what is driving this growth? It turns out there are a wide variety of factors that continue to make Bitcoin rise in value. Bitcoin has seen extremely volatile peaks and troughs in its time. At this point, Bitcoin experienced a hard resistance and it failed to push through this stage. If Bitcoin were to break through that resistance in June it would have likely triggered a bull market.



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Taiwan Semiconductor Manufacturing signaled on Thursday plans to build new factories in the United States and Japan, riding on a pandemic-led surge in demand for chips that power smartphones, laptops and cars.

The world's largest contract chipmaker and a major Apple supplier also said it is currently reviewing a plan to set up a specialty technology wafer fabrication plant, or fab, in Japan. TSMC's overseas expansion plans come amid concern over the concentration of chipmaking capability in Taiwan, which produces the majority of the world's most advanced chips and is geographically close to political rival China, which does not rule out the use of force to bring the democratic island under its control.

Taiwan and TSMC have also become central in efforts to resolve a pandemic-induced global chip shortage that has forced automakers to cut production and hurt manufacturers of smartphones, laptops and even appliances.

He did not give details of its plans in America and Japan, adding the company was working to "firm up" wafer prices to reflect cost increases. Liu said TSMC was also planning a capacity expansion in China's Nanjing due to the "urgent need" of clients, using the mature 28 nanometer semiconductor manufacturing technology. It is scheduled to enter production next year and will eventually reach a production of 40, wafers per month by mid, he said.

TSMC said the auto chip shortage will gradually reduce for its customers from this quarter but expects overall semiconductor capacity tightness to extend possibly into next year. Analysts are bullish about TSMC's business in the coming quarters, citing strong demand for the company's most advanced 5 nanometer node technology as well as its upcoming 3 nanometer node, which is scheduled to enter trial production later this year.

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Islamabad: Pakistan continues to reel under high inflation. The sectors that posted double-digit growth in prices when compared to January included perishable and non-perishable food items, energy, transportation, clothing, restaurants and health, reported Dawn news. While household and energy rates increased by The CPI inflation for urban population increased by 13 per cent on a year-on-year YoY basis in January as compared to an increase of

The Company may adjust its capacity expansion timeline to stay in sync with market conditions 3 Crypto Stocks Gearing up for Gains; Analysts Say 'Buy'.

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Have you read these stories? Post Budget live: Impact on taxes, investments Updated: Feb 02, , Somanathan said in an interview to Bloombe Budget: Shift focus from exports towards employment Midcap MF that lags behind peers: Should you buy? ET NOW. Government measures to improve port governance, augment capacity utilisation: Survey With the objective of propelling India to the forefront of the Global Maritime Sector, the Survey said the Maritime India Vision MIV , a blueprint to ensure coordinated and accelerated growth of India's maritime sector in the next decade was released in March Government measures to improve port governance, augment capacity utilisation: Economic Survey "Port performance in an economy is crucial for trade competitiveness of that economy Many initiatives have been taken by the government to improve port governance, augment capacity utilization, enhance port efficiency and connectivity," it said.


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cryptocurrency to invest in expansion of their productive capacity

Taiwan Semiconductor Manufacturing signaled on Thursday plans to build new factories in the United States and Japan, riding on a pandemic-led surge in demand for chips that power smartphones, laptops and cars. The world's largest contract chipmaker and a major Apple supplier also said it is currently reviewing a plan to set up a specialty technology wafer fabrication plant, or fab, in Japan. TSMC's overseas expansion plans come amid concern over the concentration of chipmaking capability in Taiwan, which produces the majority of the world's most advanced chips and is geographically close to political rival China, which does not rule out the use of force to bring the democratic island under its control. Taiwan and TSMC have also become central in efforts to resolve a pandemic-induced global chip shortage that has forced automakers to cut production and hurt manufacturers of smartphones, laptops and even appliances. He did not give details of its plans in America and Japan, adding the company was working to "firm up" wafer prices to reflect cost increases.

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Big infra push, 'crypto tax', and more: Highlights from Union Budget 2022

New Delhi: Leaders of India Inc. The entrepreneurs hailed the announcements as "growth-oriented" and "forward-looking" while India aims to continue on the path of sustained economic revival. It sets the stage for rapid progress post pandemic. Compliments to Hon. Prime Minister for his long term vision, thinking ahead to India at in the year in which India turns


Unleashing cryptocurrency potential – four ways to increase institutional adoption

Productivity is considered by some to be the most important area of economics and yet one of the least understood. Its simplest definition is output per hour worked, however, productivity in the real world is not that simple. It is the reason why a worker today makes much more than a century ago, because each hour of work produces more output of goods and services. If productivity had remained flat over that period, GDP per head would only have doubled. What is worrying about productivity today is that data shows that it has been growing at a snail's pace for the better part of a decade, having been deteriorating steadily dating all the way back to the s. The OECD has written extensively on the subject of productivity growth observing that productivity is pro-cyclical, meaning that in times of recession productivity tends to fall and in times of economic growth, productivity tends to increase.

What began as the basis of cryptocurrencies such as Bitcoin, Blockchain technology has the potential to streamline parts inventory and.

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A mass-market, full electric hatchback crossover. An article from Tesmanian shows Tesla has added another vehicle assembly line at their vehicle production facility in Fremont, California. On Feb. Now, a few new pictures show that a tent-like structure was constructed in less than two weeks, with a picture from June 29 showing no structure; a picture taken July 10 showing the outer shell nearly completed, according to Tesmanian.

When it comes to advanced chipmakers, most investors think of industry-leading stocks like Advanced Micro Devices or Nvidia.

PayPal this morning announced the launch of Checkout with Crypto, a new feature that will allow consumers to check out at millions of online businesses using cryptocurrency. According to PayPal, customers with cryptocurrency holdings in the U. The feature will also work without any additional integrations or fees required by the businesses themselves. Essentially, Checkout with Crypto allows the customers to sell their cryptocurrency through PayPal at the time of checkout, then settle the actual transaction in U. At launch, the service will support Bitcoin, Litecoin, Ethereum and Bitcoin Cash — but only one type of cryptocurrency can be used for each purchase. After the transaction completes, the customer will receive both a record of the cryptocurrency sale, as well as their purchase receipt.

The global auto industry's shift to electric vehicles EVs has spurred an expansion race among battery makers and caused a growing skills shortage. See main story:. Global sales of EVs, estimated at 2. As of end-June, the Chinese company has an annual battery production capacity of


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