The government has received approval to increase the excise duty on tobacco products, also known as cigarette tax, next year.
Why Artificial Intelligence (AI) Stocks Taiwan Semiconductor and Broadcom Popped, While Advanced Micro Devices Dropped on Monday
Taiwan Semiconductor Manufacturing (NYSE: TSM), also called TSMC, jumped 2.5%, and semiconductor giant Broadcom (NASDAQ: AVGO) rallied 1.6%, while chipmaker Advanced Micro Devices (NASDAQ: AMD) ...
$3 trillion AI chip giant Nvidia rallies after 10-for-1 stock split goes into effect
Nvidia CEO Jensen Huang delivers a speech during the Computex 2024 exhibition in Taiwan on June 2. Chiang Ying-ying—AP Photo Nvidia’s 10-for-1 stock split is in effect, giving investors nine ...
Why Taiwan Semiconductor’s Stock Prices Hit Record Highs
However, one well-kept stock is making little headlines, as Wall Street wants to keep it all to itself. The stock is Taiwan Semiconductor Manufacturing Co. (NYSE: TSM), which used to be a Warren ...
Taiwan’s democracy continues to thrive under existential threat posed by China
China began holding large-scale military exercises around Taiwan in August 2022, following a visit that month to Taiwan by then U.S. Speaker of the House Nancy Pelosi. And it regularized certain ...
Taisys Invests $7.2 Million in ATrack to Revolutionize Indian Automotive Industry
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 ...