Mark Hibben, author at Seeking Alpha, discusses how Taiwan Semiconductor Manufacturing Company is separating itself from other chip makers like Intel. TSMC is the exclusive supplier of Apple's A12 processors. Hibben explains TSMC is a "pure play" foundry, meaning the company does not design any of its own chips, it just manufactures them. Hibben believes Apple chose TSMC because of trust. In the past, the companies have shared a lot of intellectual property with one another.

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Layoffs are piling up, raising worker anxiety
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
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