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Taiwan Semiconductor Q3 Earnings Preview: Is This Chip Giant Poised To Join The Sector's Comeback?
Wednesday, October 16, 2024 - 11:55am | 726Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is set to report its third-quarter earnings before market hours on Oct. 17. Investors are eagerly watching to see if the chipmaking titan can deliver amid a mixed semiconductor landscape. Wall Street analysts expect the company to report an...
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Apple's Key Supplier Under Scrutiny After Employees Detained In China Over Breach Of Trust Allegations: No Harm To iPhone Partner, Says Taiwan Council
Friday, October 11, 2024 - 6:01am | 606Four Taiwanese employees of Foxconn, also known as Hon Hai Precision Industry, the primary assembly partner of Apple Inc. (NASDAQ:AAPL), have been detained by the Chinese police. What Happened: The employees were apprehended in Zhengzhou, a central mainland Chinese city, where Hon Hai operates the...
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'Absolutely Impossible' For China To Become Taiwan's 'Motherland,' Says President Lai Ching Te Amid Rising Pressure From Team Xi Jinping
Monday, October 7, 2024 - 9:54am | 517In a bold statement ahead of Taiwan’s national day, Lai Ching-te has firmly asserted that it is “absolutely impossible” for Communist China to claim Taiwan as its motherland. This declaration emphasizes Taiwan’s historical government, which predates the People’s...
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US Boosts Taiwan's Military With $567M Defense Support As China Concerns Mount
Monday, September 30, 2024 - 6:38am | 511U.S. President Joe Biden has approved $567 million in defense support for Taiwan. This move aims to bolster Taiwan’s military capabilities amid escalating tensions with China. What Happened: The White House announced that Biden has given the Secretary of State the authority to “direct...
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Taiwan Claps Back After China Blames Taipei Backed Hackers For Cyberattacks: 'They Are The Real Originators'
Tuesday, September 24, 2024 - 4:04am | 588In the latest development, Taiwan has strongly denied China’s accusations of Taiwanese-backed cyberattacks, calling them baseless and part of a disinformation campaign. What Happened: Taiwan’s government officials have dismissed China’s accusations of Taiwanese hacking as false on...
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TSMC And Samsung Explore $100B Chip Megafactories In UAE Amid AI Boom And Global Expansion Plans: Report
Sunday, September 22, 2024 - 11:04pm | 647Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) and Samsung Electronics Co. (OTC:SSNLF) are discussing the construction of massive chip-making complexes in the United Arab Emirates. These projects could be valued at over $100 billion. What Happened: Executives from TSMC have recently visited the...
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US Keeps Missiles Vital For Defence Of Taiwan In Philippines Despite Beijing's Demands For Removal: Report
Friday, September 20, 2024 - 2:21am | 647The United States will continue to keep a mid-range missile system in the Philippines, the decision comes despite demands from China for its removal. What Happened: The Typhon missile system, capable of launching missiles that can reach Chinese targets, was initially deployed for joint exercises...
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Chinese Ambassador Issues Stern Warning To US On 'Red Lines:' 'Taiwan Question Is The Most Paramount...And Must Not Be Crossed'
Friday, September 13, 2024 - 7:31am | 583In a significant diplomatic address, Xie Feng, China's ambassador to the United States, issued a stern warning to the U.S., emphasizing non-interference and respect for China’s sovereignty. What Happened: Feng delivered a strong message on Thursday in New York, emphasizing that the U.S. must...
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Navy SEAL Team 6 Prepares For Potential Taiwan Conflict Amid Rapid Modernization Of Xi Jinping's Chinese PLA
Thursday, September 12, 2024 - 10:02pm | 530In response to increasing tensions with China, the US Navy’s elite Seal Team 6 has been preparing for potential missions in Taiwan, according to sources close to the preparations. What Happened: The covert commando unit, renowned for its role in the 2011 operation that resulted in Osama bin...
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Following Trump's Taiwan Remarks, US Envoy Says He Is 'Much More Confident' On Taipei's Defense Efforts Amid China's Aggression
Wednesday, September 4, 2024 - 9:27am | 569The newly appointed quasi-ambassador from the U.S. to Taiwan, Raymond Greene, has lauded Taiwan’s efforts to bolster its defense capabilities. This comes amid apprehensions over the U.S.’s allegiance to its allies, given the potential of Donald Trump returning to the presidency. What...
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Apple, Nvidia Key Supplier TSMC Leads Taiwanese Chip Giants To Localize Neon Gas Production By 2025
Tuesday, September 3, 2024 - 9:01am | 530In an effort to bolster supply chain resilience, Taiwan’s leading chip manufacturers are set to begin domestic production of neon gas by 2025, in partnership with local steel and gas firms. What Happened: Apple Inc. and Nvidia Corp. key chip supplier Taiwan Semiconductor Manufacturing Co. (...
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Trump Misunderstands Taiwan's Role In Chip Industry, Says Economy Minister: 'The President Has A Lot On His Plate'
Monday, September 2, 2024 - 6:23am | 465Taiwan’s Economy Minister, Kuo Jyh-huei, expressed that former President Donald Trump misunderstood Taiwan’s role in the semiconductor industry. What Happened: Trump had earlier suggested that Taiwan should compensate the U.S. for defense, accusing the island nation of taking American...
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'Cripple China's Economy Overnight' – Hedge Funder Kyle Bass Gives Roadmap To Protect Taiwan: 'The USA Holds The Cards And We Had Better Start Acting Like It'
Saturday, August 24, 2024 - 11:15am | 842Influential investor Kyle Bass recently expressed his views on the potential of the U.S. to impact China’s economy amid rising tensions over Taiwan. What Happened: On Friday, Kyle Bass, a prominent hedge fund manager, took to X to share his perspective on the ongoing geopolitical tensions...
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Apple, Nvidia Supplier TSMC Rises In Premarket Following Stellar 45% Revenue Boost In July Amid Strong AI Chip Demand
Friday, August 9, 2024 - 5:40am | 419Apple, Nvidia supplier, Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) is experiencing a significant uptick in Friday’s pre-market trading following the announcement of its impressive July 2024 revenue figures. What Happened: The semiconductor giant reported a consolidated revenue of...
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Taiwan's Defense Strategy Under Scrutiny With Trump's Call To Pay US For Security And Kamala Harris' Potential Shift In Foreign Policy
Monday, August 5, 2024 - 5:41am | 722The upcoming U.S. elections are causing Taiwan to rethink its defense strategy, with the island nation facing mounting pressure to enhance its military capabilities in the face of increasing uncertainty. What Happened: Taiwan’s foreign minister, Lin Chia-lung, has indicated that the island...