Tag: Bankruptcy in the United States

AISemiconductors

TSMC Reports Record Quarterly Profit as AI Demand Fuels Semiconductor Growth

TSMC has announced a record quarterly net profit of $15 billion, marking a nearly 40% increase attributed to booming artificial intelligence applications. The world’s largest semiconductor manufacturer continues expanding globally with significant U.S. investments amid ongoing trade considerations.

Record-Breaking Financial Performance

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading semiconductor manufacturer, has reported a nearly 40% surge in net profit for the July-September quarter, according to recent financial disclosures. Sources indicate the company achieved a record net profit of 452.3 billion new Taiwan dollars ($15 billion), exceeding analyst expectations and demonstrating the powerful impact of artificial intelligence demand on the semiconductor industry.

by Natalie Brooks
BusinessEconomy

India’s Bankruptcy Reforms Face Implementation Hurdles as Recovery Rates Lag

India’s landmark bankruptcy reforms face significant implementation challenges nearly a decade after their introduction. Reports indicate 78% of ongoing insolvency cases exceed the 270-day deadline while recovery rates remain modest at 32%. Judicial delays and infrastructure limitations continue to hamper the system’s effectiveness despite recent government proposals for reform.

India’s Bankruptcy Reform Struggles With Implementation Challenges

India’s ambitious insolvency reforms, introduced in 2016 to transform what was once described as a “defaulter’s paradise,” are facing significant operational hurdles according to recent analyses. The system that promised to resolve bankruptcies within 270 days and dramatically improve recovery rates for creditors continues to struggle with delays and modest outcomes nearly a decade after implementation.

by Natalie Brooks