South Korean adoptees reunite with long-lost family, but face language and cultural barriers
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Why TSMC Stock Is Falling Today
Aug 5 - Taiwan's top chipmaker, TSMC (NYSE:TSM), shares dipped nearly 3% on Tuesday after the company found itself in the middle of a serious investigation. The company's internal monitoring caught unusual activity, and now authorities have detained three people, two still with the company and one former employee, for allegedly leaking trade secrets. Warning! GuruFocus has detected 4 Warning Signs with JOBY. The former staffer, reportedly named Chen, and others could face charges under Taiwan's national security laws. TSMC didn't waste time. It launched legal action and took swift disciplinary steps against those involved. The stolen material may be tied to the company's next-gen 2-nanometer chips, some of the most advanced tech in the world. That's a big deal, considering TSMC supplies powerhouses like Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL), and Qualcomm (NASDAQ:QCOM). Meanwhile, Japan's Tokyo Electron has also come under scrutiny, though it's unclear how it's connected. Prosecutors haven't shared many details yet. TSMC says it won't tolerate this kind of behavior, and it's doing everything to protect its IP. With global demand for cutting-edge chips higher than ever, safeguarding technology is more critical than ever. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
5 hours ago
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Purdue University student freed from ICE detention after outcry from faith leaders
A Purdue University student from South Korea has been freed from federal detention, tearfully reuniting with her family and religious community in Manhattan following days of outcry from faith leaders in New York and abroad. Yeonsoo Go, 20, was taken into custody on Thursday during a routine immigration hearing in Manhattan, according to her attorneys and family. She was then transferred to a federal detention facility in Monroe, Louisiana, where she was held for three nights before being released without bail on Monday.
Yahoo
6 hours ago
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TSMC Rocked by Trade Secrets Scandal Tied to Next-Gen AI Chips
Taiwan authorities have arrested six individuals tied to a suspected theft of core chipmaking technology from Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), a company that sits at the very center of the global tech supply chain. The arrests came after TSMC flagged former and current employees who may have illegally accessed sensitive information. Prosecutors searched homes from July 25 to 28, and the investigation now centers on whether any data may have leaked externally. TSMC said it caught the issue early through an internal probe, and has already begun legal and disciplinary action against those involved. Several reports suggest the stakes may be tied to TSMC's upcoming 2-nanometer process node, which is expected to enter mass production later this year. The Nikkei reported that multiple employees were fired for allegedly attempting to extract critical technical details. Meanwhile, Taiwan investigators also searched the local office of Tokyo Electron, a key Japanese supplier. That development adds another layer of complexity, as global players double down on chip R&D just as generative AI demand puts semiconductor capabilities under a microscope. For investors, the timing is hard to ignore. Capital expenditures in chipmaking are pushing past $30 billion annually for giants like TSMC and Samsung (SSNLF), while rivals in ChinaHuawei and SMICare still producing at 7nm. In the U.S., Intel is progressing on more advanced nodes. With companies like Meta and DeepSeek pouring billions into AI infrastructure, TSMC's ability to safeguard its IP may become just as important as delivering next-gen performance. What happens next could ripple across the entire AI supply chain. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
