TSMC to announce $100B investment in US chip manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC) is scheduled to announce a $100 billion investment in a US chip manufacturing plant on Monday, the White House confirmed. The billions of dollars initially reported by the Wall Street Journal will grow over the next four years. TSMC CEO CC Wei will be in the White House later Monday, […]
Broadcom, TSMC eye deals that would split storied chipmaker Intel: report
Intel Rivals Taiwan Semiconductor Manufacturing Co. and Broadcom are looking at potential deals that will break the US chip-making icon with two people each, the Wall Street Journal reported on Saturday. Broadcom is closely investigating Intel's chip design and marketing business, the Journal reported, and the company discussed potential bids with advisors, but could only […]
TSMC Shares Slump on Return From Holiday After DeepSeek Jolt – Yahoo Finance
(Bloomberg) -TAIWAN SEMICONDUCTOR MANUFACTURING CO. shares resumed on Monday and fell the most in almost six months as we caught up with artificial intelligence-related shares last week. Most read from Bloomberg The shares listed in Taipei slipped as much as 6.6 % and pressure on benchmark Taiex. Hon Hai Precision Industry Co. also fell to […]
Nonfarm payrolls ahead, TSMC sales top estimates – what's moving markets – Investing.com
Investing.com – U.S. stock futures fell sharply ahead of Friday's release of the all-important December Nonfarm Payrolls report. This statistic could affect the Federal Reserve's interest rate expectations, and many central bank officials are already expressing some caution about the possibility of future rate cuts. Another company, Taiwan Semiconductor Manufacturing Co., Ltd. (TW:), reported that […]
Biden administration finalizes $6.6B in chips grants for TSMC before Trump takes office
The White House on Friday announced an agreement with a major semiconductor manufacturer to invest billions of dollars in an Arizona facility as President Biden looks to shore up some of his legacy in Congress before leaving office in January. It was announced that the agreement had finally been concluded. Biden said in a statement […]
Nasdaq Set for Gains as TSMC Spurs Relief Rally: Markets Wrap – Yahoo Finance
(Bloomberg) — Taiwan Semiconductor Manufacturing Co.'s earnings spurred gains across major stock indexes, while a recovery in semiconductor stocks eased market tensions. Most Read Articles on Bloomberg Contracts in the tech-heavy Nasdaq 100 rose 0.9% on Thursday, led by gains in semiconductor stocks, after TSMC reported a better-than-expected 54% rise in quarterly profit. This reversed […]
TSMC to boost computer chip production in Arizona with $11.6 billion in federal grants, loans
The U.S. Department of Commerce announced Monday that the U.S. government will provide $11.6 billion in CHIPS Act funds to Taiwan Semiconductor to help the world’s largest chipmaker ramp up production of critical technology in Arizona. The Taiwanese company, which produces 90% of the world’s ultra-advanced semiconductors and supplies tech giants such as Apple and […]