Industry

Taiwan Shares Surge as Trump’s Tariff Announcement Boosts TSMC

Taipei: Taiwan shares opened sharply higher Thursday, led by gains in chipmaker TSMC, after U.S. President Donald Trump announced tariffs of around 100 percent on all imported chips unless manufacturers build factories in the United States. The Taiex …

U.S. Dollar Higher in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.763 at 10 a.m. Friday on the Taipei Foreign Exchange, reflecting an increase of NT$0.080 from the previous close.

According to Focus Taiwan, this change in the exchange rate indicates a rise in the value o…

Trump Claims TSMC to Invest US$300 Billion in Arizona

Phoenix: U.S. President Donald Trump suggested on a financial talk show that Taiwan Semiconductor Manufacturing Company (TSMC) might invest US$300 billion in Arizona, a figure that is almost double the company’s previously announced U.S. investments.