Former US President Donald Trump has said Taiwan should pay the US to protect it from China and accused the country of taking “all [its] chip business.” The comments from Trump were made in an interview with Bloomberg Businessweek on July 16.
Taiwan Semiconductor rises after AI demand boosts outlook; No change in strategy amid Trump’s comments
Taiwan Semiconductor (TSM) stock rises 4% on strong Q2 results and upbeat Q3 outlook driven by demand for AI chips. Read more here
Taiwan says committed to strengthening defence after Trump comments
Taiwan is committed to boosting its defences and working with the United States, the foreign ministry said on Thursday, days after Republican presidential candidate Donald Trump was quoted as saying ...
Business leader becomes acting head of Taiwan’s Straits Exchange Foundation
TAIPEI (Taiwan News) – Prominent businessperson Rock Hsu ... The Mainland Affairs Council confirmed Thursday the business leader would take the top position at the SEF immediately, UDN reported. Cheng only served one month as SEF chair.
Chip stocks shed $480 billion on China trade fears, Trump’s Taiwan comments
Wall Street's semiconductor index lost over $480 billion in stock market value on Wednesday and headed for its worst session since 2022 after a report said Washington was mulling tighter curbs on exports of advanced semiconductor technology to China.
UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan – business live
Despite cooling labour market, some economists say rate cut more likely in September than August. Introduction: UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan 09:31 Good morning,
Trump’s stance on Taiwan could potentially be devastating for the US economy
Former President Trump could upend the longstanding diplomatic relationship between the US and Taiwan should he retake the White House.
Trump Is Wrong About Taiwan’s Chip Industry
Donald Trump’s comments that Taiwan hollowed out the American semiconductor industry are incorrect. That misunderstanding could impact the future of one of the world’s most important relationships, and end up aiding China at a time it is working hard to push its own tech sector to catch up.
TSMC quarterly profit soars 36%, beating expectations
SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate. TAIPEI: TSMC posted a 36% jump in second-quarter net profit on Thursday that beat market ...
TSMC Q2 profit rises 36%, better than forecast
Taiwanese chipmaker TSMC posted a 36% rise in second-quarter net profit on Thursday that beat market expectations as it rides a surge in demand for semiconductors used in artificial intelligence ...
Trump says Taiwan should pay US for defense — ‘They did take about 100% of our chip business’
Taiwan doesn’t give us anything ... In May, Commerce Secretary Gina Raimondo said such an event would be "absolutely devastating" to the American technology supply chain. As part of the United States' response to these security concerns, the Commerce ...
Fireworks light up Taipei skies as local summer festival begins
TAIPEI -- As the city of Taipei in China's Taiwan kicked off its iconic "Taipei Summer Festival" on Wednesday evening, around 66,000 people gathered at Dadaocheng Wharf to enjoy a spectacular fireworks show.
Taiwan reports increase in military activity by China near its borders
Ten of the detected aircraft crossed the Taiwan Strait's median line, which traditionally serves as an informal boundary
Tech Shares Likely To Weigh On Taiwan Market
(RTTNews) - The Taiwan stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had dropped more than 500 points or 2.1 percent. The Taiwan Stock Exchange now sits just beneath the 23,760-point plateau and it's expected to extend its losses on Thursday.
Trump Comments Hit TSMC Shares Despite AI-Driven Growth
Leading chipmaker TSMC is expected to announce strong quarterly earnings despite a recent drop in its shares caused by comments from former U.S. President Donald Trump concerning Taiwan. While TSMC's ...
Taiwan Semiconductor Stock (NYSE:TSM): Still Attractive on Multiple Tailwinds
Taiwan Semiconductor Manufacturing (TSM), the world’s largest manufacturer of AI chips, briefly reached a $1 trillion market cap last week, overtaking Tesla (TSLA) in market capitalization. Notably, ...