Taiwan
CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | 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 […]
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Nvidia rebounds after TSMC says AI chip demand remains strong
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from 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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Jefferies names ‘yet-to-be discovered AI play’ in Taiwan, giving it 42% upside potential
Jefferies has identified a lesser-known and potentially undervalued Taiwanese company poised to benefit from the growing artificial intelligence sector. The investment bank said Insyde Software, listed on the Taipei Exchange, is well positioned to capitalize on the increasing demand for AI-enabled personal computers and servers. Investors are typically able to trade the Taiwan-listed stocks through […]
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Companies weigh taking away Taiwan staff from China soon after dying penalty risk, Reuters reviews
Some overseas organizations are taking into consideration going Taiwanese workforce out of China right after Beijing mentioned it could impose the dying penalty on “diehard” Taiwan independence separatists, mentioned four persons acquainted with the subject. Oleksii Liskonih | Istock | Getty Pictures Some foreign firms are contemplating moving Taiwanese employees out of China after Beijing said it could impose […]
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China’s Communist Get together expels ousted defense chiefs in corruption crackdown
China expelled two former defense ministers from the ruling Communist Party more than alleged corruption Thursday, the most up-to-date signal of a secretive crackdown sweeping the country’s elite. Pavel Bednyakov | Afp | Getty Photographs China expelled two former protection ministers from the ruling Communist Party over alleged corruption Thursday, the most current signal of a secretive crackdown […]
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U.S. and China hold first informal nuclear talks in 5 years, eyeing Taiwan
The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing’s representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. Mark Schiefelbein | AFP | Getty Images The United States and China resumed semi-official nuclear arms talks in March for […]
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U.S. approves $360 million arms sale to Taiwan for missiles, drones
The U.S. State Department has approved the possible sale to Taiwan of drones and missiles for an estimated $360 million, the Pentagon’s Defense Security Cooperation Agency said. Anadolu Agency | Anadolu Agency | Getty Images The U.S. State Department has approved the possible sale to Taiwan of drones and missiles for an estimated $360 million, the Pentagon’s Defense Security Cooperation Agency said. The United […]
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Taiwan’s power crunch could ‘throw a wrench’ into the world wide semiconductor field
A chip created by Taiwan Semiconductor Producing Firm TSMC Taiwan, the world’s semiconductor powerhouse, is going through a electrical power crunch — and this could spell problems for chipmakers. Production chips necessitates a whole lot of vitality and electrical energy, and the authorities is struggling to fulfill the island’s vitality needs. “Issues over possible energy […]
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‘Everyone is as well terrified to come’: Taiwan’s earthquake bargains a blow to major tourism hotspot
As a bed and breakfast proprietor in Taiwan’s Hualien County, Chen Rei-jia was made use of to the insignificant tremors that at times disturbed her get the job done. But this time, a little something felt unique. “The shaking grew much better and lasted extended, and as rescue vehicles arrived, I grew to become frightened,” […]
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