Taisys, a Taiwan-based company, has invested $7.2 million in ATrack Technology Inc, a leader in automotive intelligence. This strategic investment aims to bring advanced automotive technologies to ...
Taiwan banks show stable asset quality
Regulatory measures implemented since 2020, including increased risk weights for certain property loans and loan-to-value caps, have helped mitigate risks associated with property-related lending, ...
Nvidia Stock Could Rise 10-Fold On New $10 Billion Growth Vector
Nvidia's stock will trade at about $120 a share on June 10 after its stock split goes into effect. Sovereign AI demand could boost Nvidia stock 10-fold by 2026.
Taiwan in Time: How the New Taiwan dollar became the national currency
The Central Bank and other Chinese banks were to stay out of Taiwan, in order to minimize the impact of the financial chaos in China on Taiwan. At this time, the official currency in Taiwan was the ...
Jensen Huang created a unique culture at Nvidia that allows the AI chip leader to move ‘very, very fast’
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4. I-Hwa Cheng—AFP via Getty Images Nvidia’s technological prowess has lifted the chip giant to the commanding heights of the ...
Intel is an enterprise leader, but lacks Nvidia’s scale
Intel (INTC) is making waves — alongside chip competitors Nvidia's (NVDA) and Advanced Micro Devices (AMD) — at the Computex 2024 conference in Taipei, Taiwan this week, unveiling its newest Xeon 6 ...
AI computing pushes Taiwan’s geopolitics-weary tech sector into party mode
Taiwan’s trade data already reflects the rising global popularity of AI-optimised consumer electronics – a point hammered home at the recent Computex Taipei trade show.
House bill funds new tranche of Philippines, Taiwan military aid
State Department funding bill shows that the U.S. has a continued interest in keeping China at bay in the Indo-Pacific.
Chenghe Acquisition II Co. Announces Pricing of $75 Million Initial Public Offering
SINGAPORE, June 7, 2024 /PRNewswire/ -- Chenghe Acquisition II Co. ("the Company"), a special purpose acquisition company, today announced the pricing of its initial public offering (IPO) of 7,500,000 ...
Exports rise 3.5%, behind expectations
Exports last month increased a modest 3.5 percent year-on-year to US$37.36 billion, as shipments of electronics used in artificial intelligence (AI) remained strong and some non-tech products came out ...
Taiwan Semiconductor sales jump 30% in May as AI demand surges
Taiwan Semiconductor (TSM) reported a 30% sales jump in May as the demand for AI continues to surge. Yahoo Finance's Seana Smith and Brad Smith report more on the chip company's latest earnings and ...
Taiwan’s exports grow for 7th straight month
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Taiwan Semi Rides AI Wave, Reports $7.1B Revenue In May
Taiwan Semiconductor Manufacturing Co (NYSE:TSMC) saw a 30% increase in May sales, reaching $229.6 billion New Taiwan dollars ($7.1 billion), due to high demand for AI and recovering consumer ...
Taiwan Trade Surplus Grows In May
(RTTNews) - Taiwan's foreign trade surplus increased in May as exports grew faster than imports, preliminary figures from the Ministry of Finance revealed on Friday. The trade surplus rose to $6.05 ...
Taiwan’s Biomedical Breakthroughs Shine at the Global Stage: Highlights from the Taiwan Smart Health Gala at BIO 2024
To bolster Taiwan's biomedical industry on the global stage and attract funding from major international manufacturers, Taiwan's National Science and Technology Council partnered with the National ...
Taiwan sales fall 2% in May
Taiwan’s economic growth accelerated to 6.5% year on year in the first quarter of 2024 from 4.9% in the fourth quarter of 2023 ...