Julie Hyman and Josh Schafer take a closer look at the top market stories while speaking to Wall Street experts on Market Domination. Baird technology desk sector strategist Ted Mortonson says Taiwan Semiconductor Manufacturing Company (TSM) could be Intel’s (INTC) “lifeboat” after reports that President Trump’s administration asked the semiconductor giant to run Intel’s US […]
TSMC Arizona’s first chip fab on November 7, 2024 Katie Tarasov U.S. President-elect Donald Trump has accused Taiwan of “stealing” his country’s chip industry. But Taiwan’s biggest chip company is confident the Trump administration will continue funding its projects in the U.S. Taiwan Semiconductor Manufacturing Co has been promised $6.6 billion under the Joe Biden […]
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Company’s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial […]
The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023. Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom. The world’s […]
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Taiwan Semiconductor Manufacturing Company and Joe Biden’s administration have finalised more than $11bn in grants and loans to support the company’s US chipmaking plans, as the White House pushes to distribute subsidies before […]
SHANGHAI (Reuters) – China’s semiconductor index leapt close to a three-year high on Monday on bets a U.S. order halting Taiwan Semiconductor Manufacturing Co’s shipments of advanced chips to Chinese customers could accelerate Beijing’s self-reliance efforts. TSMC will from Monday suspend shipments of certain sophisticated chips to some Chinese clients after receiving a letter from […]
The company is understood to be particularly wary of being targeted as unreliable or uncooperative as Donald Trump is set to become the next US president. This year, Trump accused Taiwan of “stealing” the US chip industry, and suggested TSMC could move its production back home after pocketing billions of dollars in subsidies from Washington […]
In April, TSMC was provided with $6.6 billion in direct CHIPS Act funding to “support TSMC’s investment of more than $65 billion in three greenfield leading-edge fabs in Phoenix, Arizona, which will manufacture the world’s most advanced semiconductors,” the Department of Commerce said. These investments are key to the Biden-Harris administration’s mission of strengthening “economic […]
