Taiwan Semiconductor Manufacturing Co Ltd
Taiwan to simulate impact of U.S. tariffs on semiconductor sector
A microchip, and a TSMC logo displayed on a phone screen in the background. Jakub Porzycki | Nurphoto | Getty Images Taiwan will simulate the impact of any U.S. tariffs on the semiconductor industry and seek talks with Washington on the issue, the island’s economy minister said Tuesday. The Trump administration is probing the import of chips, along with pharmaceuticals, in a bid to impose tariffs on both […]
Read More
Taiwan holds first tariff talks with United States
The Taiwan Semiconductor Manufacturing Co. (TSMC) building at the Central Taiwan Science Park in Taichung, Taiwan, on Friday, April 8, 2022. Bloomberg | Bloomberg | Getty Images Taiwan officials held their first tariff talks with U.S. officials on Friday, with both sides looking forward to further discussions soon, the island’s government said on Saturday. While […]
Read More
Tech stocks head for winning week with Nvidia tracking for 15% bounceback
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. Brittany Hosea-Small | Reuters Technology stocks were on pace for a winning week Friday on the heels of a volatile stretch spurred by ongoing tariff uncertainty and economic fears. […]
Read More
United Microelectronics shares pop more than 10% on report of potential GlobalFoundries deal
The GlobalFoundries semiconductor manufacturing facility in Malta, New York, on June 18, 2024. Cindy Schultz | Bloomberg | Getty Images U.S. semiconductor manufacturer GlobalFoundries is reportedly weighing a merger with Taiwan-based United Microelectronics. U.S. shares of United Microelectronics popped 13% on the news, while GlobalFoundries shares dipped about 1%. Nikkei reported the news, citing sources […]
Read More
Taiwan accuses China’s biggest chipmaker SMIC of ‘illegally’ poaching tech talent
A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images Taiwan investigators on Friday alleged that Chinese chipmaker Semiconductor Manufacturing International Co. (SMIC) illegally recruited high-technology talent. Taiwan’s Ministry of Justice Investigation Bureau (MIJB) […]
Read More
AMD’s Lisa Su has already vanquished Intel. Now she’s going after Nvidia
Lisa Su, CEO of AMD, attends the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, Feb. 10, 2025. Benoit Tessier | Reuters When Lisa Su became CEO of Advanced Micro Devices in late 2014, the company was in dire straits and on the brink of potential bankruptcy. In its core market, […]
Read More
Samsung CEO says company will pursue deals as it struggles for growth
Han Jong-hee, co-chief executive officer of Samsung Electronics Co., speaks at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea, on Wednesday, March 19, 2025. SeongJoon Cho | Bloomberg | Getty Images Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after its failure to […]
Read More
White House: Stock market plunge is not as ‘meaningful’ as business activity
The White House on Monday downplayed the weeks long stock market sell-off, insisting that recent moves by business leaders suggest a brighter outlook for the U.S. economy. “We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” a White House official told […]
Read More
Stocks making the biggest moves midday: Tesla, Robinhood, Nvidia, Cognizant and more
Check out the companies making headlines in midday trading: Bank stocks — Major banks came under pressure during Monday’s session amid rising concerns about a potential slowdown in the U.S. economy. JPMorgan Chase and Goldman Sachs fell roughly 4%. Citigroup slid more than 4%, and Wells Fargo dropped 5%. Bank of America shed more than […]
Read More
Nvidia down 30% from high as tech-led sell-off hits Magnificent Seven
Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025. Steve Marcus | Reuters Nvidia has lost nearly a third of its value just two months after notching a fresh high. The leading chipmaker slumped about 5% on Monday, building […]
Read More