Tech Trends: TSMC Soars & Meta Targets Sextortion

The tech landscape is experiencing significant changes, particularly highlighted by TSMC's latest report, which BOASTS a promising revenue outlook. The Taiwan Semiconductor Manufacturing Company announced an impressive rise of roughly 30% in its revenue guidance for 2024, indicating robust demand for semiconductors, especially in the AI sector. As the world's leading chip manufacturer, TSMC drives the global chip market's performance, soothing initial investor fears sparked by ASML's disappointing forecasts. Meanwhile, Meta Platforms is proactively working to address online safety with a new campaign aimed at protecting teens from sextortion on Instagram. This campaign includes educational ads that help young users identify risky behaviors and protect themselves on the platform. Moreover, Amazon is pushing the envelope on clean energy initiatives by investing in nuclear power technologies, marking a significant step in its strategy to achieve sustainability goals. These three stories represent a crucial intersection of innovation, safety, and environmental responsibility within the tech industry today.