40B

Technology

Circle says $3.3B of ~$40B USDC reserves remain at SVB and invites users to participate in the USDC gift distribution to make up for negative market sentiment (Frank Chaparro/The Block)

[ad_1] Frank Chaparro / The Block: Circle says $3.3B of ~$40B USDC reserves remain at SVB and invites users to…

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TSMC staff express doubts over the company's decision to build a $40B factory in Arizona, arguing the project distracts from R&D, showing TSMC's tricky position (New York Times)

[ad_1] New York Times: TSMC staff express doubts over the company’s decision to build a $40B factory in Arizona, arguing…

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Sources: Checkout.com, which offers payment processing tools, drops its internal valuation to ~$11B, after securing a $40B investor valuation in January 2022 (Ivan Levingston/Financial Times)

[ad_1] Ivan Levingston / Financial Times: Sources: Checkout.com, which offers payment processing tools, drops its internal valuation to ~$11B, after…

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Technology

TSMC cuts its 2022 capital spending target by ~10%, expecting to spend ~$36B on equipment, down from a prior $40B+ estimate, suggesting a deeper tech downturn (Debby Wu/Bloomberg)

[ad_1] Debby Wu / Bloomberg: TSMC cuts its 2022 capital spending target by ~10%, expecting to spend ~$36B on equipment,…

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Technology

A profile of Checkout.com founder and CEO Guillaume Pousaz, who owns 60% of the $40B London-based payments company and has begun investing in fintech startups (Ivan Levingston/Bloomberg)

[ad_1] Ivan Levingston / Bloomberg: A profile of Checkout.com founder and CEO Guillaume Pousaz, who owns 60% of the $40B…

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Technology

Micron plans to invest ~$15B in a new memory manufacturing fab in Idaho, spending a total of $40B in the US by 2030, with grants and credits under the CHIPS Act (Yuvraj Malik/Reuters)

[ad_1] Yuvraj Malik / Reuters: Micron plans to invest ~$15B in a new memory manufacturing fab in Idaho, spending a…

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Technology

Micron plans to spend $40B by 2030 to expand US chip manufacturing capacity, aided by government grants and credits, and expects to begin production after 2025 (Amy Thomson/Bloomberg)

[ad_1] Amy Thomson / Bloomberg: Micron plans to spend $40B by 2030 to expand US chip manufacturing capacity, aided by…

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Technology

Sources: Broadcom is in talks to acquire VMware, which has a ~$40B market cap; the discussions are ongoing and there's no guarantee they will lead to a purchase (Bloomberg)

[ad_1] Bloomberg: Sources: Broadcom is in talks to acquire VMware, which has a ~$40B market cap; the discussions are ongoing…

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