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Taiwan Semiconductor Manufacturing Co Ltd. Q3 Income Rises

Shooting death in southern Jefferson County is being investigated as a homicide

A homicide investigation is underway after a fatal shooting in Jefferson County.

The shooting happened in the Bear Valley area in the 3600 block of South Depew Street, the Jefferson County Sheriff’s Office said in a 10:21 a.m. Wednesday tweet.

Deputies are looking for two suspects who were seen running south from the shooting scene.

This story will be updated.

Space Tourist Dennis Tito Books Two Seats On SpaceX’s Starship

Dennis Tito, the first space tourist to fund his own trip into space, has booked another trip with Elon Musk’s SpaceX for a mission around the moon.

“Dennis and Akiko Tito are the first two crewmembers on Starship’s second commercial spaceflight around the Moon,” SpaceX tweeted on Wednesday.

According to SpaceX, Tito and his wife, Akiko will take the second lunar expedition on Starship that will last roughly a week.

Meanwhile, the mission will only follow after SpaceX’s commitment to launch Jared Isaacman on the first commercial human spaceflight mission on Starship. SpaceX will also carry out its first trip around the moon for billionaire fashion mogul Yusaku Maezawa.

In April 28, 2001, Tito, an American engineer and entrepreneur, made history after he became the first space tourist to go into space. The spacecraft docked with the International Space Station. Tito and his fellow cosmonauts spent 7 days, 22 hours, 4 minutes in space and orbited the Earth 128 times. Tito had reportedly paid $20 million for his trip.

In an interview with “CBS Mornings,” Tito said he and his wife of two years want to fly on Musk’s futuristic Starship for the sheer adventure of it.

“I’ve been thinking about flying to the moon for the last 20 years, since my space flight,” Tito said. “And here we were at SpaceX (recently) and they were interested in talking about a space flight. And I brought it up. And within a few minutes, we both were on board.”

Applied Materials Lowers Q4 Outlook Due To New Export Regulations

Semiconductor manufacturing equipment maker Applied Materials, Inc. (AMAT) on Wednesday lowered its outlook for the fourth quarter, reflecting new export regulations to China.

Under the new U.S. export regulations, U.S. companies must cease supplying Chinese chipmakers with equipment that can produce relatively advanced chips unless they first obtain a license. Applied currently estimates that the new regulations will reduce its fourth-quarter net sales by approximately $400 million, plus or minus $150 million.

Applied Materials now expects fourth-quarter net sales to be about $6.4 billion, plus or minus $250 million, compared with prior outlook of $6.65 billion, plus or minus $400 million.

The company also expects the new regulations to impact net sales in the first quarter of fiscal 2023 similar to the current quarter.

Applied now expects fourth-quarter adjusted earnings per share of $1.54 to $1.78, which compares to the prior range of $1.82 to $2.18 per share.

Analysts polled by Thomson Reuters currently estimate earnings of $2.01 per share and revenues of $6.67 billion for the quarter. Analysts’ estimates typically exclude one-time items.

Apple, Samsung To Upgrade For 5G In India By December

Apple Inc. (AAPL) said on Thursday that it would include software upgrades to recent models, including the iPhone 14, 13, 12 and iPhone SE, as these models do not support the 5G network.

The iPhone maker said in a statement, “We are working with our carrier partners in India to bring the best 5G experience to iPhone users as soon as network validation and testing for quality and performance is complete.”

“5G will be enabled via a software update and will start rolling out to iPhone users in December, ” the company added.

Prime Minister Narendra Modi launched 5G services on October 1 amid much fanfare, with leading telecom operator Reliance Jio saying it would make the service available in four cities, while rival Bharti Airtel targeted eight cities.

A Samsung India spokesperson said the company would roll out updates across all its 5G devices by mid-November.

The agenda includes “prioritising” the release of software upgrades for supporting the high-speed network, the notice for the closed-door meeting stated.

While telecom players and smartphone makers have been holding discussions with each other, ironing out compatibility issues between the specific 5G technology of telecom companies in India and phone software is taking time, one of the industry sources said.

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Taiwan Semiconductor Manufacturing Co Ltd. Q3 Income Rises

Taiwan Semiconductor Manufacturing Co Ltd. (TSM) reported earnings for its third quarter that increased from last year

The company’s earnings came in at NT$280.866 billion, or NT$10.83 per share. This compares with NT$156.259 billion, or NT$6.03 per share, in last year’s third quarter.

The company’s revenue for the quarter rose 47.9% to NT$613.142 billion from NT$414.671 billion last year.

Taiwan Semiconductor Manufacturing Co Ltd. earnings at a glance (GAAP) :

-Earnings (Q3): NT$280.866 Bln. vs. NT$156.259 Bln. last year.
-EPS (Q3): NT$10.83 vs. NT$6.03 last year.
-Revenue (Q3): NT$613.142 Bln vs. NT$414.671 Bln last year.