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Tech trends

Google’s parent company Alphabet is reportedly in advanced acquisition talks with Wiz in a deal that could be worth as much as $23 billion. Google is working to strengthen its cybersecurity business with a focus on cloud computing and investing heavily in its cloud computing business and growing rapidly.

Taiwan Semiconductor Manufacturing Company is expected to report a 30% increase in second-quarter profits to $7.25 billion, driven by heightened demand for its advanced semiconductors used in AI applications, with its ADRs recently surpassing a trillion-dollar valuation.