Taipei: Taiwan’s benchmark stock index experienced an unprecedented plunge as it dropped 2,953.71 points on Friday, marking the largest single-day point decline in its history. The sell-off, primarily driven by a downturn in artificial intelligence-re…
Taipei: Taiwan shares ended down 6.61 points, or 0.01 percent, at 45,624.98 Thursday on turnover of NT$900.84 billion (US$27.98 billion).
According to Focus Taiwan, the slight decline in Taiwan’s stock market reflects a marginal adjustment in inves…
Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) announced on Thursday that its net profit for the second quarter reached an unprecedented quarterly high, with the gross margin exceeding the company’s predictions amid the ongoing AI boom.
Accor…
Taipei: Shares in Taiwan closed little changed Thursday after contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) rebounded from the day’s low amid continued enthusiasm over artificial intelligence (AI), helping the broader market recover…
Taiwan: Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman C.C. Wei announced Thursday that the chipmaker will invest an additional $100 billion to expand its advanced chipmaking and packaging capacity in Arizona.
According to Focus Taiwan, this…
Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) has announced a significant revision to its 2026 sales growth forecast, now expecting an increase of over 40% in U.S. dollar terms due to strong global demand for AI applications. The update was sh…
