Taiwan Semiconductor posts third-quarter earnings that surged 54% to a record, Expedia jumps after a report says Uber has explored a bid for the online travel company, and Lucid expects wider losses.
Taiwan Semi’s Earnings Are Almost Here. AI Chip Demand Should Still Be Strong.
TSMC;s earnings are a bellwether for the entire chip sector but it will be AI chips which are in focus and particularly how quickly it can ramp up production for Nvidia’s Blackwell processors.
China Won’t Renounce Use of Force Over Taiwan; Xi Visits Frontline Island
China, which views democratically governed Taiwan as its own territory, staged a day of large-scale drills around the island on Monday that it said were a warning to "separatist acts" following last week's national day speech by Taiwan President Lai Ching-te.
DoIT Announces First Taiwan-Made AI Solid-State LiDAR System
The Department of Industrial Technology (DoIT) of the Ministry of Economic Affairs (MOEA) launched its Discovering Technology Treasures pavilion today (October 17) at the 2024 Taiwan Innotech Expo ...
Taiwan’s TSMC posts sharp rise in third quarter net profit
Taiwanese chip giant TSMC announced a bigger-than-expected increase in net profit for the third quarter on Thursday and raised its growth forecasts for the year on "extremely robust" demand for AI ...
TSMC Q3 profit rises 54%, better than forecasts
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in ...
China building capacity to rapidly strike Taiwan, senior Taiwanese official says
China is building its capacity to rapidly turn military drills into a full-out attack, a senior Taiwan security official said, providing the Taipei government's assessment of the strategic intent behind Beijing's war games around the island this week.
China Employs Hackers and Celebrities to Undermine Taiwan
Alongside its most high-profile tactic—sending a message of military dominance—China is employing what Taiwan says is an expanding army of hackers, diplomats, prosecutors and celebrities in its effort to persuade Taiwan to submit to Beijing.
China deploys record 125 warplanes in large-scale military drill in warning to Taiwan
China employed a record 125 aircraft, as well as its Liaoning aircraft carrier and ships, in large-scale military exercises surrounding Taiwan and its outlying islands Monday, simulating the sealing off of key ports in a move that underscores the tense situation in the Taiwan Strait,
TSMC set to report strong profit driven by AI boom
Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 42% leap in third-quarter profit on Thursday thanks ...
China holds military drills around Taiwan, drawing anger in Taipei and concern from US
China's military staged a day of war games near Taiwan on Monday, saying it was a warning to the "separatist acts of Taiwan independence forces" and drawing condemnation from the Taipei and U.S. governments.
Green fabrics showcased at textile event in Taipei
The Taipei Innovative Textile Application Show, a sourcing hub for innovative textiles, began at the Taipei Nangang Exhibition Center yesterday with ecofriendly and functional fabrics on display. Vice President Hsiao Bi-khim (蕭美琴) spoke at the opening ceremony before spending an hour visiting booths set up by domestic exhibitors.
ERIC Secures 5G Contract to Boost Taiwan’s Network: Stock to Gain?
Ericsson ERIC has secured a 5G contract with Chunghwa Telecom to modernize Taiwan’s network infrastructure. The collaboration with the Taiwan-based service provider builds on a Memorandum of ...
Taipei councilors urge Ko Wen-je to tell all amid probe
Ko was taken by bailiffs to the Taipei District Prosecutors’ Office, where he was questioned for two-and-a-half hours in the morning, returning at about noon to the Taipei Detention Center in New ...
Increasing AI Investments to Boost Taiwan Semiconductor’s Q3 Earnings
Taiwan Semiconductor Manufacturing Company Ltd. TSM is scheduled to report third-quarter 2024 results on Oct. 17. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Taiwan ...
Forecast: Taiwan mobile comms market to grow at 3.9% CAGR
Taiwan’s mobile service revenues is poised to grow at a compound annual growth rate (CAGR) of 3.9 per cent from $6 billion (€5.5bn) in 2024 to $7.3 billion ...