Industry

Taiwan Stock Market Declines by 3.41%

Taipei:Taiwan’s stock market experienced a significant drop, closing 3.41% lower on Thursday. The shares fell by 1,655.96 points, ending the day at 46,969.87.

According to Focus Taiwan, the market saw a turnover of NT$1.32 trillion, equivalent to US…

TSMC Considers Collaboration with Elon Musk’s Terafab in Texas

Accra:Taipei Taiwan Semiconductor Manufacturing Co. (TSMC) is evaluating a potential collaboration with Elon Musk’s Terafab project in Texas, according to C. C. Wei, chairman and CEO of TSMC. Wei emphasized that any collaboration would require the fab…

Taiwan Stock Exchange Index Opens Lower

Accra:The Taiwan Stock Exchange’s main index started Thursday’s trading session down by 243.08 points, reaching 48,382.75.

According to Focus Taiwan, the turnover at the opening was NT$14.29 billion, equivalent to US$443.59 million.

TSMC Reports Record-Breaking Q3 Net Profit Amid Strong AI Demand

Taipei:Taiwan Semiconductor Manufacturing Co. (TSMC) announced a record-breaking net profit for the third quarter, driven by robust global demand for AI applications. However, the company’s gross margin decreased compared to the previous quarter due t…