Taiwan Semiconductor Manufacturing Co Ltd
Trump suggests 25% tariffs on autos, pharma and semiconductors that could go even higher
U.S. President Donald Trump speaks at Mar-a-Lago in Palm Beach, Florida, U.S., Feb. 18, 2025. Kevin Lamarque | Reuters President Donald Trump said he may broaden the scope of U.S. tariffs on imports to include automobiles, pharmaceuticals and semiconductors. In remarks to reporters Tuesday, Trump said the duties would be around 25% and “go very […]
Read More
CNBC Daily Open: The S&P 500 closed at a new high — investors remain unfazed amid Trump’s blitz
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC U.S. President Donald Trump’s whirlwind blitz through the bureaucracy, economic policy and geopolitical affairs isn’t ending. As top U.S. officials meet their Russian counterparts for high-level talks, Trump suggested to reporters that Ukraine was somehow responsible […]
Read More
Intel shares pop 11% on report Broadcom and Taiwan Semi could break up company
Intel shares rallied 11% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The stock was on pace for its best day since October 2022. The Wall Street Journal reported that Broadcom may consider a play for […]
Read More
CNBC Daily Open: Elon Musk’s money can’t buy OpenAI
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington, DC, US, on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images In January, U.S. consumers didn’t feel as inclined to open their wallets, causing retail sales for the month to fall more than expected, […]
Read More
CNBC Daily Open: Elon Musk’s money is not the issue for OpenAI
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images In January, U.S. consumers didn’t feel as inclined to open their wallets, causing retail sales for the month to fall more than expected, which might […]
Read More
Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
The logo of Intel is seen during Computex 2024 in Taipei, Taiwan, June 4, 2024. I-hwa Cheng | Afp | Getty Images Intel’s rivals Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break the U.S. chipmaking icon in two, the Wall Street Journal reported on Saturday, citing people familiar with […]
Read More
As markets buckle up for Trump tariffs, these global sectors brace for a rough ride
U.S. President Donald Trump this weekend announced hefty tariffs on his country’s three biggest trading partners, leaving investors scrambling to position themselves for a global trade war. Canada and Mexico face 25% duties on their exports to the U.S., with a lower 10% levy imposed on Chinese goods. Canada has already responded with retaliatory tariffs […]
Read More
Nvidia CEO Jensen Huang to meet with Trump at White House
Nvidia CEO Jensen Huang is in Washington, D.C., and will be meeting with President Donald Trump on Friday afternoon, CNBC has confirmed. The main topic Huang and Trump are expected to discuss is U.S. artificial intelligence policy, according to people familiar with the matter who asked not to be named because they weren’t authorized to […]
Read More
CNBC Daily Open: Investors are gearing up for Trump 2.0
The New York Stock Exchange on Nov. 25, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to […]
Read More
CNBC Daily Open: Markets are getting ready for Trump 2.0
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
Read More