Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Thanks for joining me on this Tuesday, March 10th. I'm Julie Morgan.

Taiwan's semiconductor manufacturing is reporting combined revenue of $22.6 billion, the U.S. equivalent of its local currency earnings,

for January and February of this year. That's up roughly 30% from the same period a year earlier,

driven by continued global investment in AI technologies. For February alone, revenue came in at roughly $10 billion, down 20.8% from January,

but up 22.2% from a year ago. TSM, which produces chips for some of the world's largest tech

companies, including Apple, Nvidia, and AMD, last week said it does not expect any significant

impact currently from the U.S.-Israel-Iran conflict and continues to closely monitor the situation.

TSM closed 2.9% higher on Monday and is up 1.1 percent in pre-market action.

Archer Aviation on Monday filed a countersuit accusing Jobi Aviation of defrauding the U.S.

government and concealing ties to China to gain a competitive advantage. In the filing in

U.S. federal court, Archer alleged that Joby and its

agents fraudulently misclassified thousands of pounds of Chinese origin aircraft materials as consumer

goods in an apparent attempt to avoid U.S. tariffs and foreign influence scrutiny. The countersuit

comes after Joby sued Archer in California

state court in November, accusing the company of stealing trade secrets. Archer hired a former

Jobby employee who allegedly took confidential information about its business strategies,

partnerships, and aircraft specifications. The case was moved to U.S. District

Court in December. Archer also alleged that Joby received grants and financial support from the

Chinese government. The counter suit was filed the same day the U.S. Department of Transportation

announced eight grant programs aimed at accelerating the development of air taxis

and drones. Three of the programs list both Joby and Archer as participants. A groundstop of all jet

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