Semiconductor chipmaker TSMC says revenue up 16.7% as demand surges
Taiwan Semiconductor Manufacturing Co., the worldโs biggest contract producer of processor chips, says its revenue rose 16.7% in the latest quarter over a year earlier as the global economy rebounded from the coronavirus pandemic and demand surged.
Shortage of computer chips causes problems for auto industry
DETROIT โ A shortage of computer chips is causing problems for the auto industry. General Motors has warned that it is likely to lose around $2 billion this year as a result. READ: Why you should ask about โdestination feeโs before purchasing a new vehicleFor the auto industry the problem is a supply and demand issue created by manufacturing. Because of the issue many automakers are having to slow or stop production to put the chips in vehicles. Or, if itโs something like a powertrain where every vehicles got it 100 percent of your vehicles have that powertrain chip, then youโre basically stuck,โ he said.
Happy Birthday Better Made!
The family-owned company Better Made has been cooking up crunchy, salty snacks for generations and they are celebrating their 90th anniversary in Detroit. Phil Gusmano is the Vice President of Procurement and Member of The Board of Directors for Better Made. Better Made was created by Peter Cipriano and Cross Moceri in their garage during the Great Depression in 1930. The secret to the Better Made tasty flavors are the Michigan-grown potatoes they use to make the chips you love. You can get free chips tomorrow August 15th at the Greenfield Village Store in Dearborn between 9:30 am and 2 pm in celebration of Better Mades Birthday.