Taiwan
CNBC Daily Open: Stocks are approaching the hottest period of the year
The Wall Street bronze Bull looks out to an empty Broadway in Lower Manhattan, New York, on Aug. 28, 2011, as Hurricane Irene hits the city and tri-state area with rain and high winds. Stan Honda | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily […]
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CNBC Daily Open: Stocks are entering the hottest period of the year
A pedestrian passes in front of a statue of a bull in the Wall Street area in New York City. Doug Kanter | AFP | 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 […]
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Trump accuses Taiwan of stealing U.S. chip business. Here’s what the election could bring
Former president Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on the Joe Rogan Experience podcast and accused the country of stealing America’s chip industry. Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Such tariffs would impact the global […]
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TSMC suspended shipments to China firm after chip found on Huawei processor, Reuters reports
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 Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the […]
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China launches war games around Taiwan, drawing ire from Taipei, Washington
Taiwan President Lai Ching-te gives a keynote address on national day to mark the 113th birthday of the Republic of China, Taiwan’s formal name, in Taipei, Taiwan October 10, 2024. Ann Wang | Reuters China’s military launched a new round of war games near Taiwan on Monday, saying it was a warning to the “separatist acts of Taiwan independence […]
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China cannot represent Taiwan and should work with Taipei on global challenges, Lai says
A Chinese warship navigates on waters near Pengjia Islet in northern Taiwan, in this handout image released May 23, 2024. Taiwan Coast Guard | Via Reuters China has no right to represent Taiwan, but the island is willing to work with Beijing to combat global challenges such as climate change, Taiwan President Lai Ching-te said on Thursday, striking both a firm and a conciliatory tone. Lai, who took office in May […]
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Chinese travelers trickle back to a Taiwanese island, mere miles from the mainland
Remnants of military conflict surround Zhang Zhong Jie’s cafe. The coffee shop sits within an abandoned military fortification, its entrance surrounded by rusting tanks. It’s a scene the citizens of Taiwan’s remote Kinmen Island know well. All that separates the cafe from mainland China are 6 miles of choppy water and a row of anti-invasion […]
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Foxconn beats estimates with record third-quarter revenue on AI demand
Hon Hai Group’s headquarters in Taipei, Taiwan. Ceng Shou Yi | Nurphoto | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence servers. Revenue for Apple’s biggest iPhone assembler jumped 20.2% year on year to 1.85 trillion Taiwanese dollars ($57.3 billion). “The result exceeded the […]
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‘Impossible’ for People’s Republic of China to be our motherland, Taiwan president says
Lai Ching-te, president of Taiwan, on Saturday, Jan. 13, 2024. Bloomberg | Bloomberg | Getty Images It is “impossible” for the People’s Republic of China to become Taiwan’s motherland because Taiwan has older political roots, the island’s President Lai Ching-te said Saturday. Lai, who took office in May, is condemned by Beijing as a “separatist.” He rejects Beijing’s sovereignty claims, saying that the island is a country […]
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These 4 Asian stocks are set to pop on an AI server cooling boom, Nomura says
One type of technology is becoming essential to support Nvidia and other tech giants’ artificial intelligence server requirements, according to Japanese bank Nomura. That’s liquid cooling, a cooling technology used in data centers which helps to improve power and cost efficiency. The type of cooling used to date has been air cooling, but companies are […]
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