U.S.-Iran tensions escalate; TSMC reports 36% Q2 revenue jump; Meta to add $40 billion investment in Louisiana
U.S.-Iran relations have worsened amid rising geopolitical tensions. TSMC reported that its second-quarter revenue rose 36% year over year. Meta said it will add $40 billion in investment in Louisiana. The escalation in U.S.-Iran tensions is a sudden geopolitical risk event that could disrupt energy markets and global risk sentiment.