The VanEck Semiconductor ETF (SMH) fell 4.6% as Taiwan Semiconductor Manufacturing (TSM) receives a 13% allocation in the fund, second only to Nvidia’s 20% weighting. TSM is the world’s largest ...
Trump’s request for Taiwan to pay for its defense is ‘likely serious’: analyst
Former President Donald Trump’s recent suggestion that Taiwan should share the cost of its defense with the United States is “likely serious,” according to Jefferies analysts. Trump's approach aligns with his business-like management style,
Trump Says Taiwan Should Pay For Its Defense To US, But If China Invades Taipei, It Will Be ‘Catastrophic’ For American Economy, Says Analyst: ‘It’s Dark And It’s High Stakes’
Former President Donald Trump on Tuesday suggested that Taiwan should compensate the U.S. for its protection against China. This statement has raised questions about the future of U.S. support for Taiwan,
Could a Trump-Vance win reshape America’s relationship with China – and Taiwan?
The official launch of the Republican presidential campaign ticket of Donald Trump and JD Vance this week has been closely scrutinized by governments around the globe looking for clues to what a return of an “America First” foreign policy might look like – including in the world’s second-largest economy.
Trump And Biden Trigger Massive Chip Stock Selloffs In Asia After Big Tech Plummets On Wall Street
Chip stocks in Asia tumbled again on Thursday after a bruising selloff of tech stocks on Wall Street the day before, a sign of caution amid concerns the U.S. is poised to slap more trade restrictions ...
Taiwan’s TSMC second-quarter net profit jumps on Gen AI demand
Taiwan chip giant TSMC said Thursday net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products. "Moving into third quarter 2024,
Tech stocks wobble on deepening Sino-US chip war
By Youn Ah Moon and Ankur Banerjee SINGAPORE (Reuters) -Chip stocks in Asia tumbled on Thursday while their European counterparts got off to a tentative start after a news report that the United States was considering tighter curbs on exports of advanced semiconductor technology to China.
Trump claims Taiwan stole US chip business; suggests protection racket approach to foreign policy
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 ...