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South Caucasus News

TSMC says no damage to its Arizona facilities after incident


TAIPAI, TAIWAN — Taiwanese chipmaker TSMC said Thursday there was no damage to its facilities after an incident at its Arizona factory construction site where

a waste disposal truck driver was transported to a hospital.

Firefighters responded to a reported explosion Wednesday afternoon at the Taiwan Semiconductor Manufacturing Company plant in Phoenix, the Arizona Republic reported, citing the local fire department.

TSMC, the world’s largest contract chipmaker whose clients include Apple and Nvidia, said in a statement none of its employees or onsite construction workers had reported any related injuries.

“This is an active investigation with no additional details that can be shared at this time,” it added.

TSMC’s Taipei-listed shares pared earlier gains after the news and were last up around 0.8% on Thursday morning. TSMC last month agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona plant by 2030.

The company will produce the world’s most advanced 2 nanometer technology at its second Arizona facility expected to begin production in 2028.


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Audio Review - South Caucasus News

TSMC says no damage to its Arizona facilities after incident


TAIPAI, TAIWAN — Taiwanese chipmaker TSMC said Thursday there was no damage to its facilities after an incident at its Arizona factory construction site where

a waste disposal truck driver was transported to a hospital.

Firefighters responded to a reported explosion Wednesday afternoon at the Taiwan Semiconductor Manufacturing Company plant in Phoenix, the Arizona Republic reported, citing the local fire department.

TSMC, the world’s largest contract chipmaker whose clients include Apple and Nvidia, said in a statement none of its employees or onsite construction workers had reported any related injuries.

“This is an active investigation with no additional details that can be shared at this time,” it added.

TSMC’s Taipei-listed shares pared earlier gains after the news and were last up around 0.8% on Thursday morning. TSMC last month agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona plant by 2030.

The company will produce the world’s most advanced 2 nanometer technology at its second Arizona facility expected to begin production in 2028.


Categories
South Caucasus News

EU expands sanctions to ban missile technology to Iran – WorldECR – WorldECR


EU expands sanctions to ban missile technology to Iran – WorldECR  WorldECR

Categories
South Caucasus News

Azerbaijan, Belarus strengthen collaboration in urban planning, architecture


On May 15, the “Azermemarlayiha” Senior State Design Institute under the State Committee on Urban Planning and Architecture of the Republic of Azerbaijan and the “Order of the Red Banner of Labour “Institute Belgosproekt” OJSC signed a Memorandum “On Cooperation and Interaction,” Azernews informs.

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South Caucasus News

SOCAR, Russia’s Tatneft forge new cooperative roadmap


The State Oil Company of Azerbaijan (SOCAR) and Russia’s Tatneft have signed a new roadmap for cooperation in the capital of Russia’s Republic of Tatarstan, Kazan, SOCAR President Rovshan Najaf wrote on X, Azernews reports.

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South Caucasus News

Application made to court on extension of restraining order against Ruben Vardanyan


– Application made to court on extension of restraining order against Ruben Vardanyan


Categories
South Caucasus News

Pakistan conducts successful training launch of ‘Fatah-II’ rocket system


Pakistan has conducted a successful training launch of guided multi-launch rocket system ‘Fatah-II’, which is capable of engaging targets with high precision up to a range of 400 kilometres


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South Caucasus News

Parliament Speaker: foreign politicians joining “radical anti-Government rallies” against foreign influence law “unfriendly acts against Georgian people”



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South Caucasus News

NATO Spokesperson says Georgian Govt’s adoption of foreign influence law “step in wrong direction”



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South Caucasus News

NPR News: 05-16-2024 4AM EDT


NPR News: 05-16-2024 4AM EDT

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