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US Drone Makers Face Risks In Taiwan's 'Democratic Supply Chain' Efforts: 'Not Just Let's Swap Out Of China...It's Essentially Just A Delicate Business Environment'
Monday, January 20, 2025 - 4:32am | 382Amid escalating geopolitical tensions, U.S. companies are increasingly cautious about engaging with Taiwan’s initiative to establish a “democratic supply chain.” What Happened: U.S. firms are wary of collaborating with Taiwan due to China’s significant influence in the...
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Nvidia Makes First Investment In Taiwanese Startup MetAI: What Investors Should Know
Wednesday, January 15, 2025 - 12:17pm | 752Semiconductor company NVIDIA Corporation (NASDAQ:NVDA) has invested in Taiwanese company MetAI, adding to its portfolio of stakes in artificial intelligence companies. What Happened: Nvidia, which recently made waves at CES with new product announcements, has invested in the $4 million seed round...
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TSMC Powers Up: December Revenue Soars Ahead Of Q4 Earnings Release
Friday, January 10, 2025 - 11:35am | 563Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is riding a wave of positive momentum as it gears up for its fourth quarter earnings release on Jan. 16. An Impressive 57.8% YoY Revenue Increase The semiconductor giant reported December 2024 net revenue of NT$278.16 billion (approx. $8.44...
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Amazon's Project Kuiper In Talks With Taiwan For Satellite Partnership
Tuesday, December 17, 2024 - 1:33pm | 595Taiwan is advancing its efforts to secure reliable satellite-based communications by entering discussions with Amazon.com Inc‘s (NASDAQ:AMZN) Project Kuiper. The move marks the Taiwanese government’s attempts to strengthen its internet and mobile infrastructure amid concerns over...
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TSMC's $65B Investment In US Will Help Avoid Trade Imbalance, Says Taiwan Central Bank Governor As Trump Returns To White House
Thursday, November 14, 2024 - 9:54am | 516Amid concerns over potential trade penalties from the U.S., Yang Chin-long, the governor of Taiwan’s central bank, has voiced optimism for Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) upcoming $65 billion investment in U.S. factories. What Happened: During a legislative...
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Nvidia Supplier TSMC Faces Regulatory Hurdles In Manufacturing 2-Nanometer Chips Abroad, Minister Says 'Core Technology Will Stay In Taiwan'
Monday, November 11, 2024 - 12:55am | 493Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) is unable to manufacture 2-nanometer chips overseas due to Taiwan’s technology protection regulations, as stated by the Minister of Economic Affairs, JW Kuo. What Happened: A report on Thursday raised concerns that TSMC may be forced to accelerate...
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TSMC Shares Climb Despite Sluggish Growth In October: What's Going On?
Friday, November 8, 2024 - 6:37am | 510Shares of Taiwan Semiconductor Manufacturing Co (NYSE:TSM) rose by 2.63% during pre-market trading on Friday, as per Benzinga Pro, despite the company’s October sales showing the slowest growth since February. This slow growth raises concerns about the sustainability of demand for AI chips....
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Boeing, Airbus Might Secure A $4B Jet Order From Taiwan's China Airlines As Trump Secures Second Term: Report
Thursday, November 7, 2024 - 4:15am | 493Taiwan’s China Airlines is reportedly on the verge of splitting a substantial order for long-haul passenger jets between Boeing Co. (NYSE:BA) and Airbus SE (OTC:EADSY). This decision aligns with the recent U.S. presidential election outcome, where Republican Donald Trump reclaimed the...
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TSMC Faces Operational Challenges With High Electricity Cost As Taiwan Grapples With Energy Supply Issues
Tuesday, November 5, 2024 - 8:50am | 514Amid Taiwan’s ongoing energy transition, Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is grappling with escalating electricity costs, impacting its operations significantly. What Happened: Taiwan’s shift towards renewable energy is creating substantial challenges for industries...
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Jensen Huang Halloween Costume: Move Over Spider-Man, Batman, Nvidia CEO Is 'Like A Superhero' To Young Child In Taiwan
Thursday, October 31, 2024 - 3:41pm | 816When it comes to Halloween in Taiwan, there might be a new superhero that young children dress up as in the coming years. What Happened: At least one image of a young child from Taiwan dressing up as Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang has gone viral as the billionaire's status and...
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US Drone Maker Slams China Sanctions, Calls It 'An Attempt To Eliminate The Leading American Drone Company'
Thursday, October 31, 2024 - 8:35am | 525Skydio, a prominent U.S. drone manufacturer, is confronting a supply chain crisis due to recent sanctions imposed by China. These sanctions, effective since Oct. 11, have halted Chinese companies from providing essential components, such as batteries, to Skydio. What Happened: The sanctions are a...
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Taiwan Semiconductor Shares Dip In Premarket As Typhoon Kong-rey Brings Severe Disruptions To Taiwan's Infrastructure
Thursday, October 31, 2024 - 6:22am | 360Taiwan Semiconductor Mfg. Co. Ltd (NYSE:TSM) experienced a 1.10% decline in pre-market trading on Thursday as Typhoon Kong-rey battered Taiwan. This typhoon, the most severe to strike Taiwan in nearly 30 years, made landfall on the east coast, causing disruptions in financial markets and...
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Xi Jinping Reportedly Urges Biden To Alter US Language On Taiwan
Tuesday, October 29, 2024 - 4:01am | 469Chinese President Xi Jinping reportedly urged U.S. President Joe Biden to adjust the language used by the United States concerning Taiwan’s independence. This request was made during a meeting near San Francisco last November. What Happened: Xi’s aides have persistently followed up on...
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Former NSA Warns 'Taiwan Is Potentially Toast' If Trump Secures A Second Term
Friday, October 25, 2024 - 9:10am | 452Former U.S. national security adviser John Bolton has raised alarms about Taiwan’s future if Donald Trump secures another term as president. What Happened: During an interview on the BBC’s HARDtalk published on Wednesday, Bolton expressed his deep concerns for Taiwan under a potential...
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Nvidia Supplier TSMC Q3 Trumps Estimates On Strong AI Chip Demand, Guides Q4 Above Consensus (UPDATED)
Thursday, October 17, 2024 - 1:57am | 718Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMC) announced quarterly results that came in ahead of forecasts, thanks to strong demand for advanced processor node technologies used in artificial intelligence applications. The foundry, which supplies chips to most global corporations...