Taiwan Semiconductor Manufacturing Co Ltd
Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments
President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November. Saul Loeb | Afp | Getty Images Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions from the U.S. […]
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Trump says Taiwan should pay the U.S. for defense; shares of chip giant TSMC fall
Former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, on July 13, 2024. Brendan Mcdermid | Reuters Former U.S. President Donald Trump, who is vying for another White House mandate, said he thinks Taiwan should pay the U.S. for defense, claiming that the country “doesn’t give […]
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Purchase these shares forward of earnings, which includes this Nvidia peer, Bank of America suggests
Earnings period is revving up, and Lender of The united states has picked out a collection of stocks to buy in progress of their quarterly experiences. The company stated there is no lack of companies that are priced to perfection and nonetheless have space for upside. CNBC Professional combed by way of leading analysis from […]
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Stocks making the biggest moves midday: Intuit, AMD, LegalZoom.com, Baidu and more
Check out the companies making headlines in midday trading: Intuit — Shares of the TurboTax parent company fell nearly 4% after it said it will slash 1,800 jobs , or about 10% of its workforce, as it boosts investments in artificial intelligence. Intuit said it plans to rehire 1,800 people for engineering, product and consumer-focused […]
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Stocks making the biggest moves premarket: Taiwan Semiconductor, Tesla, Carvana and more
Check out the companies making headlines before the bell: Tesla — The electric vehicle maker gained nearly 1% after Goldman Sachs increased its stock price target by $73 to $248 per share on better than expected second quarter deliveries. Tesla has booked 10-straight days of gains. Though Goldman increased its price target, the investment bank […]
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TSMC second-quarter revenue jumps on AI boost, handily beats market forecasts
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images TSMC, the world’s largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market […]
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The U.S. requirements extra of this critical steel — and China owns 80% of its supply chain
Vital Factors Tungsten is virtually as tough as diamond and has a significant energy density, creating it an significant materials in weapons, autos, electric car batteries, semiconductors and industrial chopping devices. Chipmakers TSMC and Nvidia equally use tungsten. Whilst the Biden administration elevated tariffs on imports of tungsten in May, China this earlier weekend did […]
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Taiwan tops Asia’s greatest-executing stock markets so much in 2024 — Japan is No. 2
A screen displays inventory figures at the Taiwan Stock Trade Corp. headquarters in Taipei, Taiwan, on Monday, Jan. 15, 2024. Bloomberg | Bloomberg | Getty Photos Optimism in artificial intelligence drove up Taiwan’s stock current market in the first of the 2024, generating it the leading performing marketplace in Asia-Pacific so far this calendar year. […]
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Nvidia’s 50 percent-a-trillion greenback wipeout leaves international chip shares unstable
The symbol of Nvidia Company is noticed all through the yearly Computex laptop or computer exhibition in Taipei, Taiwan, Could 30, 2017. Tyrone Siu | Reuters World wide semiconductor stocks noticed unstable buying and selling on Tuesday just after a slump in shares of Nvidia in the course of the previous session. Shares of chip […]
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College dropouts raise $120 million to take on Nvidia’s AI chips
Etched co-founders Robert Watchen, Gavin Uberti, and Chris Zhu Etched Nvidia has been the hottest story on Wall Street of late, increasing eightfold in value since the end of 2022 and soaring past $3 trillion in market cap this month. A 2-year-old startup founded by Harvard dropouts has just raised $120 million in venture funding […]
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