HONG KONG (AP) — Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom. The world’s biggest semiconductor manufacturer reported a net profit of 374.7 billion new Taiwan dollars ($11.4 billion), higher than expected.
More than 100 Hong Kong residents reported feeling mild tremors after a magnitude 6 earthquake struck Taiwan shortly after midnight on Tuesday. The Hong Kong Observatory said the quake hit at 12.17am at a depth of around 10km (6 miles), with the epicentre located south-southeast of Chiayi and about 670km east of Hong Kong.
Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in artificial intelligence processing.
HONG KONG — Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom. The world’s biggest semiconductor ...
Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom.
An important question for 2025 will be whether investors continue to look further afield for growth, with market leadership broadening out from the US technology giants. The US market has been the easy option for growth investors in recent years, but the price for that growth has edged higher and valuations now look stretched.
US President Donald Trump on Tuesday pledged to hit the EU with tariffs, adding that a 10 percent duty on Chinese imports could also come as soon as Feb. 1.
Oracle shares jumped 8% after Trump touted a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence. The new partnership, called Stargate, includes OpenAI, Oracle and SoftBank. Softbank Group Corp.’s Japan-listed shares surged 10.6% on Wednesday.
Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around artificial intelligence. The S&P 500 was up 0.5% early Wednesday. The
Is the Taiwanese semiconductor industry a security guarantee for the island or just another incentive for Beijing to claim it for its own?
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious