Links 05/31/26

CXMT, Football, Devolver

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Inside TSMC’s Three Extreme Capacity Plays — and How It Helped Shape Cerebras

CXMT reported net profit of RMB 33 billion in the first quarter of this year — more than five times the profit of its Taiwanese rival, Nanya Technology.

https://en.wikipedia.org/wiki/Medieval_football

The modern game of Football and Soccer can be traced back to the archaic sport of medieval football.

https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/

The Causal Effect of Income is (Often) Zero

Understanding that many of the bad outcomes associated with poverty are not caused by low incomes is also important if you want to actually improve those outcomes! We’ve eliminated one possible causal theory, but the actual cause is still unclear. If we want to improve health, reduce crime, raise educational attainment, and increase mobility, we need to identify the mechanisms that actually produce those outcomes and target them directly.

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