Business

ITRI Breaks Ground on NT$3.77 Billion Advanced Chip R&D Base

Hsinchu: The Hsinchu County-based Industrial Technology Research Institute (ITRI) broke ground on its Advanced Semiconductor R and D Base, a NT$3.772 billion (US$119.57 million) publicly funded project. The facility is expected to be completed by Dece…

TSMC’s Sales Hit Record High in January on Strong Demand for AI

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) said Tuesday that its January sales hit a record high, rising nearly 37 percent from a year earlier, as strong global demand for artificial intelligence applications fueled growth.

According to F…

Taiwan Stock Exchange Surges Past 33,000 Points on TSMC Gains

Taipei: Shares in Taiwan ended at the day’s high of 33,072.97 points Tuesday, as Taiwan Semiconductor Manufacturing Co. (TSMC) scored strong gains after its American depositary receipts (ADRs) closed at a record price overnight, dealers said. This mar…

Taiwan Shares Surge by 2.06%

Taipei: Taiwan shares ended up 668.35 points, or 2.06 percent, at 33,072.97 Tuesday on turnover of NT$656.51 billion (US$20.82 billion).

According to Focus Taiwan, the significant rise in the stock market reflects robust trading activities. The turn…

TSMC Approves US$44.96 Billion Budget Amid AI Boom

Taipei: Taiwan Semiconductor Manufacturing Co’s (TSMC) board of directors has approved a US$44.96 billion capital budget to bolster advanced and specialty technology capacity, upgrade advanced packaging, and fund fab construction. The funding targets …