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...“South Korea knows that the equipment from Samsung or SK Hynix ends up in sanctioned Chinese fabs like [those of] SMIC or YMTC, it would not be good for the relationship between the US and South Korea,”...
...“If SK Hynix builds an advanced packaging plant for HBM memory in the US, together with TSMC’s Arizona fabs this means Nvidia could eventually be able to have its GPUs produced in the US,” said Kim Yang-paeng...
...Plaid’s investors include Silver Lake Partners and Ribbit Capital, as well as the asset management arms of JPMorgan Chase, Goldman Sachs and American Express....
...It will also increase its investment in the US from $40bn to $65bn to build a third fab. Here’s more on today’s announcement. 3....
...“This equipment is only theoretically usable, and no chip manufacturer has ever dared to activate such a machine in their fabs.”...
...Merchants are currently able to charge an extra fee for consumers who use American Express cards, but Visa and Mastercard have blocked sellers from doing so for their users....
...Chief among them: the airline’s long-standing credit card deal with American Express....
Also in this newsletter: Germany searches for far-left militants wanted since the 1990s
...But when Santa returned from his pandemic break, the Express Lane was no more....
...Under the terms of the deal, FAB retained a 40 per cent stake in the business with Brookfield’s cash being used to fund the unit’s expansion....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...ICEV has written to Reddit’s leadership to express our disapproval of the decision and convey the importance of one share, one vote arrangements....
...Parents of teenagers don’t express the same support for smartphone bans as those with younger children. In the Parentkind poll, only 36 per cent of those with secondary age children were in favour....
...They came from the Richemont-owned brand’s collection of limited edition writing instruments inspired by the Orient Express train....
...Asda, the UK supermarket chain owned by TDR Capital and the billionaire Issa brothers, is converting to its Asda Express brand 470 local stores that it acquired in 2022....
...In European countries experiencing recessions, demand for express services fell....
...Addressing a previously scheduled HBO press event in New York, Bloys apologised for the gaffe, adding that he has since begun directly messaging journalists to express his feedback....
...Joining the glasses clan in my late 40s seemed like the chance to finally express something quintessentially me, my four-eyed inner soul. And so the hunt for the right glasses began....
...“The FAB’s continued interest in Magnati is very relevant with respect to garnering political support for the transaction....
...CVS Health, the largest pharmacy chain in the US, in 2018 acquired Aetna for $69bn and Cigna combined with Express Scripts in a $67bn deal, including debt....
...In this year’s shareholder letter, Buffett discussed Berkshire’s ongoing winnings from American Express and Coca-Cola, both big blue-chip bets made in the 1990s....
...A TikTok spokesperson said: “We are pleased the judge rejected this unconstitutional law and hundreds of thousands of Montanans can continue to express themselves, earn a living, and find community on TikTok...
...But fab investment is a long-term endeavour and recovery is expected by 2024. Will Apple build its own US-based fabs one day? It would be an enormous cost....
...Liam Smith, head of US corporate strategy at trading firm Optiver, said “having more granular ability to express an opinion [through new expiries] makes sense.”...
...“In the early days, people underestimated ‘Bayo’,” said Kenneth Chenault, former CEO of American Express, and a close friend of Ogunlesi since both were at Harvard Law School....
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