Armenia GDP Growth Rate YoY
Despite Armenia is a country with no available energy resources, it receives a large amount of capital from foreign direct investment and remittances to the construction industry, which is the most important sector of the economy, Armenia's modernization efforts have concentrated on the growth of small-scale agriculture and small and medium-sized industries to overcome the outdated Soviet agro-industrial model. Despite this, manufacturing and agriculture continue to be overtaken by services. Armenia's shadow economy and corruption issues have not been addressed by recent tax revisions.
A higher than expected figure should be seen as positive (bullish) for the AMD while a lower than expected figure should be seen as negative (bearish) for the AMD.
News (AMD)
Apple To Use US-made Microchips From TSMC's New Arizona Factory
Apple Inc. plans to start using American-made processors from the new advanced chip factory in Phoenix, Arizona operated by chip giant Taiwan Semiconductor Manufacturing Co., according to its Chief Executive Officer Tim Cook. At an event in the factory in Arizona, which was attended by U.S. President Joe Biden, it was also announced that TSMC will invest $40 billion in the new factory.
RTTNews | 518 days ago
