Doug Krisner

Now, this trade deal comes as Taiwan Semiconductor Manufacturing, the world's top maker of AI chips, released earnings today.

And at the same time, Taiwan Semi earmarked a hefty increase in capital spending.

Here is Bloomberg analyst Matthew Bloxham.

That is Matthew Bloxham from Bloomberg Intelligence.

President Trump and governors in the U.S.

Northeast will be directing the nation's largest electric grid operator, PJM Interconnection, to hold an emergency auction as a way of forcing technology giants to pay for new power plants.

More from Bloomberg's Charlie Pellett.

It's an unprecedented move to meet surging electricity demand and quell concerns about data centers driving up costs.

The push is set to come in the form of a statement of principles signed by Trump's National Energy Dominance Council and the governors of Pennsylvania, Ohio, Virginia, and other states.

And it represents an extraordinary intervention into the nation's power markets, underscoring mounting unease about the rising cost of electricity.

In New York, Charlie Pellett, Bloomberg Radio.

JPMorgan Chase CEO Jamie Dimon is not interested in becoming Fed chair.

He told that to David Rubenstein during a U.S.

Chamber of Commerce event.

Dimon also reflected on JPMorgan's new headquarters in New York City.

You can catch the entire interview with Jamie Dimon on the David Rubenstein Show Peer-to-Peer Conversations.

It airs January 21st, 9 p.m.

Wall Street time on Bloomberg Television.

New York City is suing the food delivery technology provider Motoclick for withholding pay from workers.

The city says Motoclick failed to pay the required minimum rate and the company deducted canceled and refunded orders directly from workers' paychecks.