TSMC Expects Auto-Chip Shortage to Abate This Quarter

Taiwan Semiconductor Manufacturing Co. TSM 0.40% , the world’s largest contract chip maker, said it expects the chip shortage that has hampered car makers to start easing in the next few months after it ramped up its production of auto chips. The

US Olympic team expects competitive game vs WNBA All-Stars

Both the U.S. Olympic team and the WNBA All-Stars expect a competitive game in the league’s showcase Wednesday. Usually there is not much defense played in All-Star games until the fourth quarter, but this one could be different with the Olympians having

Samsung Expects 53% Increase in Operating Profit

SEOUL— Samsung Electronics Co. expects a 53% rise in operating profit for the second quarter, lifted by strong demand for memory chips that offset weaker device sales hurt by component shortages. The world’s largest smartphone and memory chip maker forecasts operating profit