➀ Intel sold its 1.18 million Arm shares for $145 million to cut costs and strengthen finances, also announcing layoffs of at least 15% of its workforce. ➁ SMIC's Q2 profit dropped 59.1% year-on-year to $164.6 million despite a 21.8% revenue increase, with a forecasted Q3 revenue growth of 13-15%. ➂ TSMC achieved its best-ever revenue in July, totaling $7.9 billion, a 45% year-on-year increase, with HPC contributing 52% of the revenue.
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