Taiwan Semiconductor Manufacturing Co Ltd
Samsung’s ‘better than feared’ earnings spur chip stock rally
Samsung shares rose on Thursday, dragging Asian chipmakers higher after the South Korean technology giant posted “better than feared” earnings guidance for the second quarter. The numbers assuaged investors’ concerns about rising inflation, deteriorating consumer demand and higher material costs for semiconductor firms, though analysts cautioned that demand weakness may not have fully run its […]
Read More
Mark Mobius shares tips on how investors can jump on India’s ‘incredible growth opportunity’
India is now “emerging as something very exciting,” thanks in part to technology and government policies, according to Mark Mobius. “Right now, we’re focusing more and more on India,” Mobius, founding partner at Mobius Capital Partners, told CNBC’s “Squawk Box Asia” on Tuesday. The veteran investor made his name at Franklin Templeton and is seen […]
Read More
Strategist names 3 chip stocks in a ‘very, very good position right now’
A number of semiconductor stocks look “very stable” despite market choppiness, according to Cascend Securities’ Eric Ross. Source
Read More
Asia markets tumble; Japan, South Korea and Taiwan fall more than 2% as tech stocks drop
SINGAPORE — Shares in Asia tumbled on Monday, as major markets in the region saw sharp losses of more than 2% amid a tech sell-off. The Nikkei 225 in Japan dropped 2.8%, and shares of conglomerate SoftBank Group sliding more than 4%. The Topix index fell 2.2%. South Korea’s Kospi fell 2.8%, led by tech […]
Read More
Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor
Monolithic Power Systems Inc: “It sells at 40 times earnings, and you know I’m not recommending stocks unless they have a reasonable multiple.” Disclosure: Cramer’s Charitable Trust owns shares of Chevron. VIDEO4:0604:06 Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor Source
Read More
‘Third parties’ should not interfere in Taiwan’s dealings with the EU, Taiwan minister says
China should not interfere with commercial dealings between Taiwan and the European Union especially when increased economic resilience between the two sides contribute to the benefit of the global economy, a senior Taiwan minister told CNBC. Taiwan would pursue a new free trade agreement with the EU should high-level talks with the bloc over the […]
Read More
Taiwan to hold trade talks with EU as Europe focuses on chips: Reuters, citing source
Images of semiconductor wafers at the TSMC Museum of Innovation in Hsinchu on Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Semiconductor-powerhouse Taiwan will on Thursday hold high-level trade talks with the European Union, a source familiar with the matter told Reuters, amid a concerted push by the bloc to boost its chip […]
Read More
‘Downright scary and untenable’: Commerce secretary warns U.S. needs to secure a future for its chip industry
Gina Raimondo, Secretary of Commerce, at the WEF in Davos, Switzerland on May 25th, 2022. Adam Galica | CNBC U.S. Commerce Secretary Gina Raimondo on Wednesday urged Congress to pass the CHIPS for America Act in order to safeguard national security and the future of the economy. The bill aims to incentivize investment in U.S. […]
Read More
Electronics are set to get even more expensive as chip giants hike their prices
A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Products that rely on semiconductors are set to get even more expensive as chip foundries prepare to increase their prices, according to analysts. The world’s biggest foundries — including Taiwan Semiconductor Manufacturing Company, Samsung and […]
Read More
Retail investors are continuing to buy the dip in tech despite recent turmoil, says TD Ameritrade
Retail investors have continued to buy the dip in the recent market turmoil, even liking tech despite the sector rout, according to brokerage TD Ameritrade’s AJ Kahling. “Our indicators, TD Ameritrade [Investor Movement Index], just came out this morning indicating indeed that the retail traders are continuing to buy the dip,” Kahling, head of international […]
Read More