Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- The Biden government urged the semiconductor companies for "more transparency" about their supply chains at the White House meeting on the global chip crisis, Financial Times reports.
- Apple Inc (NASDAQ:AAPL), Intel Corp (NASDAQ:INTC), CEO, Microsoft Corp (NASDAQ:MSFT), Samsung Electronics Co Ltd (OTC:SSNLF), Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), General Motors Co (NYSE:GM), Ford Motor Co (NYSE: F), and Micron Technology Inc (NASDAQ:MU) participated in the online meeting.
- The government sought information on the chip supply and demand, inventory, and different customer segments, including using tools to compel companies on any non-cooperation.
- The government feared that the potential factory shutdowns in Vietnam and Malaysia could further affect chip supply chains due to the pandemic's resurgence.
- TSM acknowledged actively supporting and working with stakeholders to overcome a global semiconductor crisis at the meeting, Reuters reports.
- TSM expressed confidence in its capacity expansion plan, including the advanced 5nm semiconductor fab in Phoenix, Arizona, to support stability in semiconductor supplies.
- Price Action: TSM shares traded higher by 0.46% at $116.72 in the premarket session on the last check Friday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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