Oppenheimer analyst Noah Kaye maintains Johnson Controls Intl (NYSE:JCI) with a Outperform and lowers the price target from $76 to $72.
Taiwan Semi Leverages Asian Expertise and Culture for Chip Manufacturing Edge
Taiwan Semiconductor Manufacturing Co (TSM) benefits from Asia's skilled engineers and disciplined work culture. Human expertise is crucial in over 1,500 manufacturing steps. Taiwan and South Korea's Confucian cultures are ideal for chip manufacturing. The US needs to embrace Asian cultural aspects and skilled immigrants to regain its edge. TSMC and Samsung are investing in advanced chip technology.
