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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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MB Securities Joint Stock Company (MBS) reported its Q1 2026 financial results, becoming one of the first brokerage firms to reveal the three-month performance. Specifically, MBS recorded operating revenue of VND 1,019 billion, up 52% year over year. In the proprietary trading segment, profit from financial assets measured at fair…
Taiwan’s TSMC is due to report earnings on April 16, as markets closely watch how the Middle East crisis could affect the supply chain of the world’s largest chipmaker. A key concern is Taiwan’s electricity supply: LNG shipments from the Middle East could be disrupted if the Hormuz Strait remains closed for an extended period, raising the risk of severe power shortages—an outcome experts refer to as an “LNG crisis.”
Recent reports indicate Taiwan’s LNG reserves can cover only a few days. That limited buffer increases urgency if tensions in the Middle East do not ease soon. Because TSMC’s operations depend on stable power, any disruption to LNG deliveries could translate into production constraints.
TSMC sits at the center of the global AI chip industry, supplying major customers including NVIDIA, AMD, Intel, cloud infrastructure providers, and firms designing custom chips. If TSMC’s production were disrupted, it could contribute to a broader shortage and affect release schedules for major technology brands.
Chip demand remains at a peak, while supply pressures are mounting. Both traditional chip manufacturing and advanced packaging—particularly 3nm process chips—are already in short supply. In this environment, TSMC may need to prioritize customers and allocate limited capacity.
Advanced packaging products such as CoWoS and its variants are also in high demand relative to available supply. Any power-related production limits could therefore have outsized effects on the availability of high-performance AI chips.
The issue is not described as a lack of orders. Instead, the central question is whether TSMC has enough electricity to sustain production, given the possibility that LNG supply could be cut off at short notice.
One alternative being discussed is changing LNG import routes—sourcing LNG directly from the U.S. or U.S. allies rather than relying on the Hormuz route. This approach is described as significantly more costly in shipping and logistics, but it is viewed as a potential way to protect Taiwan’s industrial production from disruption.
Markets are awaiting what TSMC will say at its April 16 meeting about how the company plans to cope with geopolitical risk and whether next quarter’s production figures could be affected.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
