NHS patients at risk as hospital urgent repair costs triple in decade
Question: Can you name the famous author whose brother-in-law’s baby died in Bloomington, whose mother-in-law was a feminist writer who wrote about the mistreatment of alleged witches in the 1800s and had a deep fear of tornadoes? Answer: The author is L. Frank Baum, writer of "The Wizard of Oz." Baum’s fascinating life and Bloomington connection are mentioned in the December issue of Smithsonian Magazine in the article, “The Feminist Who Inspired the Witches of Oz.” It details how Baum drew inspiration from real-life events and people to create the characters in "The Wizard of Oz" and "Wicked." (Thanks to Lou Ann Jacobs of Normal.) Vivian Kong Doctora talks about how to order at Kobe Revolving Sushi Bar Lifelong hockey enthusiast Adam Morris follows the growth of the Bloomington Bison in their first season. Are there parallels between the Bloomington Bison and their primary NHL affiliate? Columnist Adam Morris checks out the New York Rangers in person. The Bison are in their third month of existence, but their presence in Bloomington-Normal has already started to take root. After their five-game run against the Iowa Heartlanders ended with two consecutive losses, the Bloomington Bison can look forward to a change of scenery — and opponent. As we bask in the glow of holiday decorating and Thanksgiving leftovers, columnist Adam Morris takes stock of his gratitude as a Central Illinois hockey fan. When the Bison and Iowa Heartlanders play, penalties will be a factor. There have been 171 penalty minutes handed out, including 13 roughing calls and nine major penalties. Power plays, leadership and stamina: Three takeaways from the Bloomington Bison's first winning weekend at Grossinger Motors Arena. As the Bloomington Bison lose their top goaltender to a higher league, a grueling schedule in the coming weeks could become the team's proving ground. The Bloomington Bison's owners believe fans will be impressed with the higher level of play at Grossinger Motors Arena — but that only works if they're there to see it. Are you struggling to keep up with the Bison's ever-changing roster? You're not alone. Here's why the new Bloomington hockey team is uniquely positioned in its league — and how it could be an advantage. "Was it a little disappointing that the Bison did not come out of last weekend with a win? Of course. ... What I did see, though, felt just as encouraging." It's always exciting to see the start of something new. That's what fans are getting with the Bloomington Bison — on the ice and behind the glass. When the Bloomington Bison drop the puck in their preseason matchup Saturday, it will represent potentially best chance for sustained professional hockey in the Twin Cities. Catch the latest in Opinion Get opinion pieces, letters and editorials sent directly to your inbox weekly! {{description}} Email notifications are only sent once a day, and only if there are new matching items.Tweet Facebook Mail Rupert Murdoch cannot amend his family trust to put the power of his media companies in the hands of his chosen successor, a Nevada commissioner has ruled. The probate commissioner, who heard several days of secret testimony by Murdoch family members earlier this year, issued a ruling over the weekend, and the 96-page opinion eviscerated Rupert Murdoch and his chosen son, Lachlan Murdoch , according to a person with direct knowledge of the ruling. The commissioner, Edmund J. Gorman Jr., wrote that Rupert, Lachlan and their representatives had operated in "bad faith," the source said. READ MORE: Suspected CEO assassin behind bars after McDonald's arrest Rupert Murdoch has lost his bid to amend the family trust. (Victoria Jones/PA Images/Getty Images via CNN) Gorman's assessment may be a factor in any eventual appeals. Rupert Murdoch had wanted to amend his irrevocable family trust, which gives his four eldest children equal voting shares upon his death. Under the proposed change, Lachlan – who more closely aligns with his father's conservative views – would consolidate all the power. The other three eldest children, Prudence, Elisabeth and James, objected to the change and contested it in Nevada court. The court opinion is sealed, and CNN has not reviewed it. READ MORE: Noticed the cicadas are louder this year? There's a few reasons why Lachlan Murdoch and his wife Sarah arrive at the Second Judicial District Court in Reno in September 2024. (AP) READ MORE: Riot squad called in as teens run amok on island The New York Times , which was first to report the ruling , said it obtained a copy. According to the Times , Gorman wrote that Rupert and Lachlan Murdoch tried to "stack the deck in Lachlan Murdoch's favor after Rupert Murdoch's passing so that his succession would be immutable." Disputes over the family trust have had the effect of tearing the family apart, sources previously told CNN. A spokesperson for the three other Murdoch siblings told CNN that they hope to "move beyond this litigation to focus on strengthening and rebuilding relationships among all family members." An attorney for Rupert Murdoch did not respond to CNN's request for comment. The attorney told the Times they planned to appeal. DOWNLOAD THE 9NEWS APP : Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play .
AP Sports SummaryBrief at 3:18 p.m. EST
Autry scores 16 as George Washington downs Illinois State 72-64
Michelle Steel concedes defeat in California House race in key win for DemocratsOpinion piece By Dan Walsh – Sports Reporter (Sydney Morning Herald) Coming to an NRL franchise not so near you – Port Moresby, to be precise – will be a whiteboard. The interminable expansion talks and reports will finally culminate in a Papua New Guinean NRL side being announced this week. Now the fun begins. And the whiteboard mapping out the all-important 2028 roster becomes the most important item in the planned Port Moresby centre of excellence. Real-life fantasy football, with real-life recruiting challenges never before seen in the NRL, starts now – albeit with a four-year burn until a side has to be put on the paddock. With little appetite for the politics, false starts and grandstanding of what is no doubt a historic move, we put our general manager’s cap on and get into the nitty-gritty of creating a 30-man roster, with lessons and theories gleaned from the successes and failures of previous expansion outfits and the men who built them. The PNG plan, variables and non-negotiables The priority signing Sam Walker, Hamiso Tabuai-Fidow, Xavier Coates and Spencer Leniu are our targets. Chief playmaker, bona fide star, another with Papua New Guinean roots and a leading front-rower. Before his passing in 2021, inaugural Western Reds coach and career-recruiter Peter Mulholland subscribed to two marquee players – “who you might have to pay 10-15 per cent more than the rest of your players” and “two quality props at least” as the ideal club building blocks. Nathan Cleary is the prized target but we just can’t see him leaving Penrith. So Walker is our scrumbase star and will be paid accordingly – we’re banking on the half a million dollars saved on tax sweetening our deal for the Roosters No.7. Tabuai-Fidow, still just 23, is the type of player who can light up a nation, and has emerged as the Dolphins’ own marquee man after the last expansion club missed out on a string of signing targets. If $2.4 million across Tabuai-Fidow and Walker is too much of an outlay, emerging Titans fullback Keano Kini is our back-up target. Coates – born in Port Moresby and a Kumuls international – brings the local connection and ability to shift to centre, while Leniu will be 28 in 2028 and coming into his prime as a front-rower. The prospect of the NSW Origin enforcer strutting, huffing, puffing and coming off the back fence in PNG is one we just can’t resist, and we’re tipping the locals will be of the same mind. Just as Tabuai-Fidow has helped the Dolphins capture the imagination, our quartet of star signings are nothing if not entertainers. Make PNG everyone else’s second-favourite side with magic and madness, we say. What’s the point of fantasy football otherwise? The roster breakdown, local boys and philosophy Rising Dolphins star Max Plath may well be a Queensland Origin regular by the time PNG is up and running, but the 23-year-old represents utility value and salary cap savings. Plath is our pick at hooker with the ability to shift to lock, and with Storm middle Josh King offering similar cover in the front-row, you’re adding more value and cover for one roster position. Accordingly, mid-tier players like Kayal Iro, Kaeo Weekes, Connor Tracey and Erin Clark are among our wider roster targets. Most NRL clubs spend big on their frontline playmakers – in our case Walker and Storm half Jonah Pezet – while their back-ups sit in roster spots 20-30. Cowboys rookie Jaxon Purdue is our pick given he will still only be 23 in 2028, while hooker is where we see real value in Papua New Guinea’s own emerging talent. Kumuls livewire No.9 Edwin Ipape will be familiar to some fans already, and has the likes of Judah Rimbu (the 2024 Queensland Cup player of the year) and schoolboy Finley Glare following in his footsteps. Most NRL squads feature half a dozen or so players aged between 19-23, and picking schoolboys and teenagers to emerge in four years time is a task beyond us, especially when they’d be moving to compound life in Port Morseby. Rising Titans prop Josiah Pahulu – currently agitating to leave the club after missing out on a bonus payment – is one 20-year-old worth building a middle rotation around in four years time. Roughly a third of NRL salary caps (at least $3.5 million by 2027/28) is spent on the big boys, and we’re hoping a front-row/middle market stagnated by lost development years due to COVID-19 has sped up again. The likes of Brisbane’s Xavier Willison, Rabbitoh Davvy Moale, Pahulu and Wests Tigers’ Fonua Pole will be in their mid-20s by 2028, though we’re thinking we can only afford one out Willison and Pole (both off-contract at the end of 2027). Notable off-contract players at the end of 2027 Fullbacks: Jahream Bula, Scott Drinkwater, Clint Gutherson, Isaiah Iongi, Kalyn Ponga, Chevy Stewart, Hamiso Tabuai-Fidow, Sunia Turuva Outside backs: Campbell Graham, Jacob Kiraz, Junior Pauga, Brian To’o, Dallin Watene-Zelezniak, Dominic Young, Jack Wighton, Latrell Mitchell, Paul Alamoti, Bradman Best, Jack Bostock, Stephen Crichton, Jack Howarth, Valentine Holmes, Tolu Koula Halves and hookers: Luke Brooks, Matt Burton, Latu Fainu, Cameron Munster, Jayden Sullivan, Kaeo Weekes, Nathan Cleary, Lewis Dodd, Ethan Sanders. Sam Walker, Mitchell Woods, Max Plath, Wayde Egan, Peter Mamouzelos Forwards: Spencer Leniu, Reagan Campbell-Gillard, Josh Aloiai, Tom Flegler, Moeaki Fotuaika, Royce Hunt, Moses Leota, Terrell May, Daniel Saifiti, Jacob Saifiti, Alex Twal, De La Salle Va’a, Stenao Utoikamanu, Xavier Willison, Jai Arrow, Mitch Barnett, J’maine Hopgood, Corey Horsburgh, Max King, Fonua Pole, Victor Radley, Jason Taumalolo, Connor Watson, Isaah Yeo.Edge forwards: Ryan Couchman, Kulikefu Finefeuiaki, Jackson Ford, Jeremiah Nanai, Eliese Katoa, Ethan Bullemor, Coen Hess, Dylan Lucas, Matty Nicholson, Liam Martin, Isaiah Papali’i, Briton Nikora, Brendan Piakura, Jacob Preston, Jordan Riki, Hudson Young, Ben Trbojevic. North Queensland’s Griffin Neame is also on our radar. So too late-blooming Storm prop Lazarus Vaalepu, who debuted this year at 25, and young Papua New Guinean middles Cooper Bai (son of Storm cult hero Marcus) and Kafe Renson. The coach and a culture club The first and most important call of all is the man pulling it all together. Current Kumuls coach Jason Demetriou and predecessor Justin Holbrook are two obvious contenders, while Wayne Bennett will be 78, but off-contract at least, before PNG even take the paddock. Ex-Eels coach Brad Arthur is another with credentials to take up an expansion side, though a potential Perth posting is in his sights, too. Either way, the Dolphins made a point of targeting Melbourne’s vaunted playing stocks to fill key leadership positions, with the Bromwich brothers and Felise Kaufusi instrumental in their first two seasons.Wisconsin faces its first losing season in 23 years and the end of a bowl streak when the Badgers host arch-rival Minnesota on Friday in the annual Big Ten battle for Paul Bunyan's Axe. Minnesota (6-5, 4-4) lost to No. 4 Penn State 26-25. Wisconsin (5-6, 3-5 Big Ten) lost its fourth straight, 44-25, at Nebraska in a game that was not as close as the score. "Well 1890 is the first time we played this football team coming up and this is what it's all about," Minnesota coach P.J. Fleck said of the rivalry. "And you wouldn't want to have it any other way, being able to end the season with one of your biggest rivals. I know our guys will be ready to go, ready to play." Wisconsin has 22 consecutive winning seasons since going 5-7 under Barry Alvarez in 2001, the longest active streak among Power 4 teams. The Badgers also have played in a bowl game in each of the last 22 seasons, the longest active streak in the Big Ten and third-longest in FBS. Wisconsin coach Luke Fickell is more concerned with the rivalry game than the winning season and bowl streaks. "I'm not downplaying it, I'm not saying it's not important, I'm not saying it's another thing that's on our plate," Fickell said Monday. "But when it gets down to this last week, it's about one thing, it's about the rivalry. It's about preparing to play in the most important game of the year." The Gophers have dropped their last two games after winning four in a row. Minnesota averages 26.6 points per game, while allowing 18.5, 15th-best in the country. Max Brosmer has completed 67 percent of his passes for 221 per game with 15 touchdowns and five interceptions. Daniel Jackson is the top target with 69 catches for 802 yards and three scores, and Darius Taylor is the top rusher with 730 yards at 4.8 per carry with nine touchdowns. One week after leading Oregon after three quarters, the Wisconsin defense was shredded for 473 yards and five touchdowns by Nebraska. Braedyn Locke, who took over at quarterback when Tyler Van Dyke suffered an early season-ending knee injury, has thrown at least one interception in eight consecutive games. Locke has completed 56.4 percent of his passes for 180.6 yards per game, with 12 touchdowns and 10 picks. Tawee Walker is the leading rusher with 828 yards at 4.7 per carry with 10 touchdowns. He has failed to reach 60 yards in three of the last four games. Former Wisconsin and NFL standout JJ Watt posted on social media his assessment - and frustration - with the Badgers after the Nebraska game. "Losing happens, it's part of the game. Hearing announcers talk about how much tougher and more physical Nebraska & Iowa are while getting blown out ... that's the issue," Watt wrote on X. "We are Wisconsin. Physicality, running game, great O-Line and great defense. That is our identity." Wisconsin defeated the Gophers 28-14 last after Minnesota had won the previous two meetings. The Badgers have won 7 of the last 10 and lead the storied series 63-62-8. --Field Level Media
PennantPark Investment Corporation Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024 and Upsize of Joint VentureNEW YORK , Nov. 25, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of October 31, 2024 . AllianceBernstein Global High Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) U.S. Treasury Notes 2.25%, 02/15/27 1.06 % 2) CCO Holdings 4.50%, 08/15/30 - 06/01/33 0.78 % 3) CCO Holdings 4.75%, 02/01/32 0.62 % 4) Dominican Republic Intl Bond 8.625%, 04/20/27 0.60 % 5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 0.53 % 6) AMMC CLO 25 Ltd. 11.406%, 04/15/35 0.51 % 7) DaVita, Inc. 4.625%, 06/01/30 0.45 % 8) Altice France SA 5.125%, 01/15/29 - 07/15/29 0.43 % 9) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28 0.43 % 10) Palmer Square CLO Ltd. 11.068%, 01/15/35 0.42 % Investment Type Portfolio % Corporates - Non-Investment Grade Industrial Consumer Non-Cyclical 7.47 % Energy 7.21 % Communications - Media 6.49 % Capital Goods 4.78 % Basic 4.53 % Consumer Cyclical - Other 3.67 % Consumer Cyclical - Retailers 3.42 % Communications - Telecommunications 3.31 % Services 3.09 % Consumer Cyclical - Automotive 2.39 % Technology 2.07 % Consumer Cyclical - Entertainment 1.75 % Transportation - Services 1.35 % Transportation - Airlines 0.89 % Consumer Cyclical - Restaurants 0.52 % Other Industrial 0.44 % SUBTOTAL 53.38 % Credit Default Swaps 14.46 % Financial Institutions Finance 2.11 % Brokerage 1.16 % REITs 1.12 % Insurance 0.96 % Other Finance 0.57 % Banking 0.50 % SUBTOTAL 6.42 % Utility Electric 1.12 % Natural Gas 0.06 % SUBTOTAL 1.18 % SUBTOTAL 75.44 % Corporates - Investment Grade Industrial Communications - Media 1.36 % Energy 1.24 % Consumer Cyclical - Automotive 0.79 % Consumer Cyclical - Other 0.71 % Basic 0.67 % Consumer Non-Cyclical 0.46 % Capital Goods 0.42 % Consumer Cyclical - Entertainment 0.31 % Consumer Cyclical - Retailers 0.29 % Transportation - Services 0.22 % Transportation - Airlines 0.18 % Other Industrial 0.05 % Services 0.03 % Technology 0.03 % Transportation - Railroads 0.03 % SUBTOTAL 6.79 % Financial Institutions Banking 3.99 % Insurance 1.00 % Finance 0.65 % REITs 0.37 % Brokerage 0.17 % SUBTOTAL 6.18 % Utility Electric 1.45 % Other Utility 0.05 % SUBTOTAL 1.50 % SUBTOTAL 14.47 % Emerging Markets - Corporate Bonds Industrial Basic 1.87 % Energy 1.14 % Consumer Cyclical - Other 0.97 % Consumer Non-Cyclical 0.76 % Capital Goods 0.23 % Communications - Telecommunications 0.20 % Consumer Cyclical - Retailers 0.14 % Communications - Media 0.09 % Transportation - Services 0.07 % Other Industrial 0.03 % Consumer Cyclical - Automotive 0.02 % Services 0.02 % SUBTOTAL 5.54 % Utility Electric 0.42 % Other Utility 0.07 % SUBTOTAL 0.49 % Financial Institutions Banking 0.12 % SUBTOTAL 0.12 % SUBTOTAL 6.15 % Interest Rate Futures 3.44 % Bank Loans Industrial Consumer Non-Cyclical 0.85 % Technology 0.52 % Communications - Media 0.44 % Communications - Telecommunications 0.39 % Transportation - Airlines 0.23 % Capital Goods 0.21 % Energy 0.15 % Consumer Cyclical - Retailers 0.05 % Other Industrial 0.05 % Consumer Cyclical - Restaurants 0.02 % SUBTOTAL 2.91 % Financial Institutions Insurance 0.32 % Finance 0.02 % SUBTOTAL 0.34 % SUBTOTAL 3.25 % Collateralized Loan Obligations CLO - Floating Rate 3.17 % SUBTOTAL 3.17 % Collateralized Mortgage Obligations Risk Share Floating Rate 1.57 % Non-Agency Fixed Rate 0.31 % Non-Agency Floating Rate 0.29 % Agency Fixed Rate 0.22 % SUBTOTAL 2.39 % Emerging Markets - Sovereigns 2.35 % U.S. Govt & Agency Securities 1.63 % Quasi-Sovereigns Quasi-Sovereign Bonds 1.21 % SUBTOTAL 1.21 % Local Governments - US Municipal Bonds 0.39 % Commercial Mortgage-Backed Securities Non-Agency Fixed Rate CMBS 0.36 % SUBTOTAL 0.36 % Asset-Backed Securities Other ABS - Floating Rate 0.24 % Autos - Fixed Rate 0.08 % SUBTOTAL 0.32 % Inflation-Linked Securities 0.22 % Common Stocks 0.13 % Preferred Stocks Industrials 0.09 % SUBTOTAL 0.09 % Forward Currency Exchange Contracts Currency Instruments -0.01 % SUBTOTAL -0.01 % EM Government Agencies -0.60 % Reverse Repurchase Agreements -0.90 % Cash & Cash Equivalents Funds and Investment Trusts 1.78 % Cash 1.54 % SUBTOTAL 3.32 % Derivative Offsets Futures Offsets -3.47 % Swap Offsets -13.35 % SUBTOTAL -16.82 % TOTAL 100.00 % Country Breakdown Portfolio % United States 67.52 % United Kingdom 3.23 % Canada 2.44 % France 2.33 % Germany 1.63 % Brazil 1.47 % Colombia 1.36 % Mexico 1.32 % Spain 1.25 % Italy 1.22 % Luxembourg 1.13 % India 0.97 % Dominican Republic 0.86 % Israel 0.83 % Chile 0.78 % Australia 0.68 % South Africa 0.68 % China 0.61 % Peru 0.58 % Nigeria 0.53 % Hong Kong 0.52 % Macau 0.51 % Netherlands 0.51 % Puerto Rico 0.38 % Turkey 0.38 % Kazakhstan 0.36 % Angola 0.32 % Finland 0.32 % Switzerland 0.31 % Ireland 0.30 % Indonesia 0.25 % Jersey (Channel Islands) 0.25 % Egypt 0.24 % Panama 0.21 % Slovenia 0.21 % Norway 0.19 % Romania 0.19 % Zambia 0.17 % Ukraine 0.16 % El Salvador 0.12 % Guatemala 0.12 % Azerbaijan 0.11 % Ecuador 0.10 % Malaysia 0.08 % Cayman Islands 0.07 % Japan 0.07 % Jamaica 0.05 % United Republic of Tanzania 0.05 % Argentina 0.04 % Czech Republic 0.04 % Kuwait 0.04 % Morocco 0.04 % Serbia 0.03 % Uzbekistan 0.03 % Trinidad and Tobago 0.02 % Cash & Cash Equivalents 1.79 % Total Investments 100.00 % Net Currency Exposure Breakdown Portfolio % US Dollar 100.09 % Canadian Dollar 0.19 % Pound Sterling 0.10 % Dominican Peso 0.07 % Norwegian Krone 0.02 % Brazilian Real 0.01 % Indonesian Rupiah 0.01 % Australian Dollar -0.01 % Chinese Yuan Renminbi (Offshore) -0.01 % Czech Koruna -0.01 % Colombian Peso -0.12 % Euro -0.34 % Total Net Assets 100.00 % Credit Rating Portfolio % AAA 1.34 % AA 0.24 % A 1.14 % BBB 15.55 % BB 45.83 % B 22.37 % CCC 7.57 % CC 0.18 % D 0.02 % Not Rated 2.77 % Short Term Investments 1.78 % Reverse Repurchase Agreements -0.90 % N/A 2.11 % Total 100.00 % Bonds by Maturity Portfolio % Less than 1 Year 7.20 % 1 To 5 Years 63.03 % 5 To 10 Years 25.25 % 10 To 20 Years 2.27 % 20 To 30 Years 1.65 % More than 30 Years 0.47 % Other 0.13 % Total Net Assets 100.00 % Portfolio Statistics: Average Coupon: 7.34 % Average Bond Price: 96.09 Percentage of Leverage(based on gross assets): Bank Borrowing: 0.00 % Investment Operations:* 15.10 % Preferred Stock: 0.00 % Tender Option Bonds: 0.00 % VMTP Shares: 0.00 % VRDP Shares: 0.00 % Total Fund Leverage: 15.10 % Average Maturity: 4.89 Years Effective Duration: 3.13 Years Total Net Assets: $978.89 Million Net Asset Value: $11.35 Total Number of Holdings: 1,252 Portfolio Turnover: 45.00 % * Investment Operations may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities. The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P. View original content: https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-releases-monthly-portfolio-update-302315656.html SOURCE AllianceBernstein Global High Income Fund, Inc.
Kim Zolciak moves out of seven-bedroom mansion she shared with Kroy Biermann as they face foreclosure auction
Massive Demand Poised to Propel Taiwan Semiconductor Forward Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s premier third-party chip producer, is no stranger to booming growth cycles. Echoing the setup it experienced back in 2020, TSMC is once again poised for a potential breakout, driven by the evolution of its chip technology and surging market demands. Strategic Technological Advancements Back in 2020, TSMC launched its groundbreaking 5nm chips, leading to a significant uptick in demand. In a parallel scenario, the company is now developing its highly anticipated 2nm chips, expected to debut by the end of 2025. This advancement will markedly enhance chip density and processing power, aligning perfectly with the increasing need for advanced technology in AI-driven applications. Surging Demand for AI Chips As the demand for AI technologies skyrockets, TSMC plans to capitalize on this trend. Management previously projected the AI chip segment to grow at a compound annual rate of 50% over five years. Astonishingly, actual growth is outpacing projections, with AI revenue expected to triple in 2024 and capture a significant share of the company’s earnings in 2025. Valuation and Market Performance The stock’s valuation is drawing comparisons to its levels in early 2020, setting the stage for potential gains reminiscent of its past performance. Although the stock price nearly doubled in 2024, TSMC now finds itself trading in a range familiar to investors from 2020, attracting attention as it seeks to maintain robust growth momentum. The question remains: will TSMC repeat its past success? While a doubling in stock price isn’t guaranteed, the current landscape suggests that the company is positioned to outperform the market in 2025. Is TSMC Unstoppable? Insights into Taiwan Semiconductor’s Strategic Conquests and Future Outlook In a rapidly evolving technological landscape, Taiwan Semiconductor Manufacturing Co. (TSMC) stands on the brink of transformative growth, powered by its strategic advancements and surging demand in the AI technology sector. As the world’s leading third-party chip producer, TSMC has harnessed strategic advancements, setting the stage for a promising future defined by its prowess in cutting-edge chip technology. Innovations in Chip Technology: Tapping into Unseen Potential TSMC’s commitment to innovation is underscored by its groundbreaking transition to 2nm chips anticipated by 2025. This technological leap is expected to enhance processing power and chip density, pivotal for meeting the growing demands of AI-driven applications and the Internet of Things (IoT). These chips are poised to deliver unprecedented efficiency, setting new standards in the semiconductor industry and cementing TSMC’s role as a technology leader. Pros and Cons of TSMC’s Technological Leap Pros: – Enhanced Performance: The 2nm chips will provide greater processing power, catering to the demands of next-gen AI applications. – Market Leadership: Continual innovation keeps TSMC at the cutting edge, reinforcing its market leadership. Cons: – High R&D Costs: Developing such advanced technology demands significant R&D investments. – Production Challenges: Scaling up production for new technology presents logistical and technical hurdles. AI Chip Demand: An Unstoppable Surge With AI technologies gaining rapid traction across industries, TSMC is expected to capitalize on this wave like never before. The AI chip segment is projected to triple its revenue by 2024, far exceeding initial forecasts. TSMC aims to capture substantial earnings in 2025 from AI applications, which could significantly boost the company’s profitability and market share. Reviews and Market Resilience TSMC’s market performance draws intriguing comparisons with its dynamics in early 2020, a period marked by robust growth. While stock prices experienced substantial gains in 2024, TSMC is currently navigating familiar trading ranges reminiscent of those past highs. Investors are watching to see if the company will maintain its growth trajectory, with market analysts largely optimistic about its performance in the coming years. Predictive Trends and Industry Insights Industry experts predict that TSMC’s advancements in chip technology are a harbinger of further growth, potentially outpacing other players in the semiconductor domain. The move towards more efficient and powerful chips is not only a response to market demand but also a strategic positioning that will likely yield substantial long-term benefits. Conclusion: TSMC’s Path Forward In conclusion, TSMC’s strategic advancements in chip technology and its ability to harness the booming AI demand are setting the company on a promising path. While the challenges are substantial, so too are the opportunities. As the semiconductor industry continues to evolve, TSMC’s innovations position it well to potentially outperform the market. For more information on TSMC, visit the official website here .
Razor’s first report card: All Blacks’ duxes and dunces of 2024