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ASML and TSMC Can Disable Chip Machines If China Invades Taiwan

(Bloomberg) ASML Holding NV and Taiwan Semiconductor Manufacturing Co. have ways to disable the world’s most sophisticated chipmaking machines in the event that China invades Taiwan, according to people familiar with the matter.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US Sto

Charting the Global Economy: US Inflation Eases; Rescue Package for China Property Crisis

(Bloomberg) A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceVoters Prefer Trump Over Biden on Economy. This Data Shows WhyZyn Shortag

Global semiconductor race heats up with $81bn subsidy surge

US, Saudis work toward security, technology pact | The Arkansas Democrat-Gazette

The U.S. and Saudi Arabia are nearing a historic pact that would offer the kingdom security guarantees and lay out a possible pathway to diplomatic ties with Israel if its government brings the war in the Gaza Strip to an end, people familiar with the matter said.

Who Got Money From the CHIPS Act? Intel, Samsung Get Billion-Dollar Grants