Business

Taiex Soars to 2-Month Closing High on Nvidia-MediaTek Deal

Taipei: Shares in Taiwan moved sharply higher to end at their highest for two months as investors chased prices in the semiconductor industry due to Nvidia Corp’s plan to invest in MediaTek Inc., dealers said. The Taiex, the Taiwan Stock Exchange’s be…

Natural Gas Prices to Consumers, Industry to Remain Unchanged

Taipei: Owned oil supplier CPC Corp., Taiwan, will keep natural gas prices for domestic and industrial users unchanged in September but will increase them by 5.83 percent for companies that generate electricity, it said Monday.

According to Focus Ta…

Global Chip Market to Exceed US$2 Trillion by 2030: SEMI

Taipei: The global semiconductor market is expected to be worth more than US$2 trillion by 2030 because of growth driven by demand for artificial intelligence infrastructure, an executive at Semiconductor Equipment and Materials International (SEMI) s…