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slash Wall Street. Here's your T&B Tech Minute for Wednesday, June 5th. I'm

Danny Lewis for the Wall Street Journal.

Invidia has joined Apple and Microsoft in the $3 trillion club. The chipmaker stock climbed

5% today, making it only the third US company to reach a $3 trillion valuation.

Invidia has gained $1,389 billion in market cap this year alone.

That's larger than the current market cap of meta platforms as

well as the combined current market caps of many of its semiconductor

competitors. Broadcom, AMD, Qualcomm, Applied Materials, Texas Instruments, Micron Technology, Intel, and Lamb Research.

Two Giants in the Silicon Chip industry are teaming up to build a 7.8 billion dollar semiconductor plant in Singapore.

The plant will be a joint venture between Vanguard International Semiconductor,

which is partially owned by Taiwan Semiconductor Manufacturing Company and Dutch firm

NXP. The two companies say the facility will supply chips for the automotive,

industrial, consumer, and mobile markets.

Construction is slated to start later this year.

And Amazon is poised to be a big winner

in the NBA's latest TV rights deal.

We exclusively report the online giant could pay $1.8 billion a year in order

to air regular season and playoff games. People familiar with the matter say the deal would also

include the NBA's new in-season tournament,

...