MTA to spend $2.4B on new railcars for LIRR, Metro-North

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The Metropolitan Transportation Authority has placed a $2.4 billion order with French train maker Alstom to deliver M-9A railcars for the Long Island Rail Road and Metro-North Rail Road, the company said Friday. The contract, which was announced by MTA in June, will be booked in the second quarter of the 2025-26 fiscal year, Alstom said. The […]


TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years

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President Trump on Monday said Taiwan Semiconductor Manufacturing Company, the world’s largest chip manufacturer, will spend $100 billion in the United States over the next four years to expand its production capacity and bring its most advanced semiconductor processes to its operations in Arizona. The investment will allow TSMC to begin making artificial intelligence and […]


Microsoft expects to spend $80 billion on AI data centers in FY 2025

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Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty […]