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Trump's Taiwan Comments Rattle Markets, Analysts Warn Of Global Inflation And More: This Week In Economics
Sunday, July 21, 2024 - 9:00am | 588Read More...As the week wraps up, the political landscape is buzzing with speculations about former President Donald Trump’s potential second term. The implications of this possibility have sent ripples across various sectors, from the global economy to U.S. politics. Here’s a quick roundup of the...
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Taiwan Asserts Self-Reliance In Wake Of Trump's Criticism: 'We Must Be Prepared To Face A Possible Chinese Invasion'
Saturday, July 20, 2024 - 3:21pm | 571Read More...Foreign Minister Lin Chia-lung asserted yesterday that Taiwan must depend on itself for defense and is expected to further boost spending and modernize its military in response to the threat posed by China, following criticism from Donald Trump. In a recent interview, former President Trump, the...
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Trump Says Taiwan Should Pay For Its Defense To US, But If China Invades Taipei, It Will Be 'Catastrophic' For American Economy, Says Analyst: 'It's Dark And It's High Stakes'
Thursday, July 18, 2024 - 8:42am | 992Read More...Former President Donald Trump on Tuesday suggested that Taiwan should compensate the U.S. for its protection against China. This statement has raised questions about the future of U.S. support for Taiwan, especially if Trump is re-elected in the upcoming November presidential elections. Trump...
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China Halts Nuclear Talks With US Over Taiwan Arms Sales After Reportedly Sanctioning Lockheed Martin Executives In June
Thursday, July 18, 2024 - 4:31am | 671Read More...China has decided to suspend talks with the U.S. on arms control and nuclear proliferation. The decision comes in response to the U.S.’ continued arms sales to Taiwan, a move that China strongly opposes. What Happened: China’s foreign ministry announced on Wednesday that it would be...
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Apple, Nvidia Supplier TSMC Reports Strong Q2 Results Amid Booming Demand For AI Chips, Guides Q3 Above Consensus: 2024 To Be 'Strong Growth Year,' Says CEO
Thursday, July 18, 2024 - 4:11am | 705Read More...Apple, Nvidia supplier, Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMC), reported strong revenue and earnings growth for the second quarter, which came in above estimates, buoyed by robust demand for AI chips used in hyper-performance computing. The company also issued upbeat guidance...
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Trump's Taiwan Talk, Biden's Trade Restriction Plans Trigger Nvidia, AMD And Other Semiconductor Selloff: 'I'm Having Flashbacks,' Says Analyst
Wednesday, July 17, 2024 - 10:07pm | 849Read More...The semiconductor market was jolted on Wednesday as stocks of major players like NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Broadcom Inc. (NASDAQ:AVGO) took a sharp downturn. This came in the wake of reports suggesting that President Joe Biden is contemplating...
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As Nvidia, Microsoft, And Google Lead AI Boom, Taiwan's Chief Telecom President Calls For 'Entirely New' Data Center Infrastructure
Wednesday, July 17, 2024 - 6:01am | 913Read More...In response to the exponential growth of generative artificial intelligence, Taiwan’s leading data center operator, Chief Telecom, is advocating for a complete overhaul of data center infrastructure. Why It Matters: Jacky Liu, President of Chief Telecom, believes that the current data center...
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Trump Says, 'Taiwan Should Pay Us For Defense' — Ex-President's Remark Triggers Fall In TSMC Shares
Tuesday, July 16, 2024 - 11:02pm | 558Read More...Shares of Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) took a hit, dropping over 2% following comments made by Presidential candidate Donald Trump. As per a Reuters report, Trump suggested that Taiwan should compensate the United States for its defense. What Happened: Trump’s remarks...
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Taiwan's President Expresses Gratitude To Micron CEO For Ongoing Investment
Friday, July 12, 2024 - 9:10am | 481Read More...In an unusual public acknowledgment, Taiwan’s President, Lai Ching-te, has expressed his appreciation to Micron’s CEO, Sanjay Mehrotra, for his sustained investment and trust in Taiwan. What Happened: This public recognition is a rare event, considering Taiwan is home to the world...
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Google Makes Major Solar Move, Acquires Stake In Taiwan-Based New Green Power Owned By BlackRock
Sunday, June 30, 2024 - 11:59pm | 614Read More...Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google has purchased a stake in a Taiwanese solar power company. The deal, which involves New Green Power, a firm owned by BlackRock (NYSE:BLK), could see Google procure up to 300 megawatts of renewable energy. What Happened: Google has...
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Taiwan President Lai Ching-Te Calls Autocracy 'Evil' After Chinese Threats Of Death Penalty For Separatists
Monday, June 24, 2024 - 3:13am | 584Read More...Taiwan President Lai Ching-te has condemned autocracy as “evil” following China‘s threats to impose the death penalty on separatists. What Happened: On Monday, President Lai Ching-te, who took office last month, responded to China’s recent threats by asserting that democracy...
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US And China Confront Taiwan Issue In First Informal Nuclear Talks In 5 Years: Report
Friday, June 21, 2024 - 6:52am | 591Read More...The U.S. and China have reportedly engaged in their first informal nuclear talks in five years, with the Taiwan issue at the forefront. What Happened: The discussions took place in March, with Chinese representatives assuring their U.S. counterparts that they would not resort to nuclear threats...
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Taiwan Semiconductor Arbitrage Trade Faces Challenges As US Stock Premium Hits 15-Year High: 'AI Boom Is Not Over'
Monday, June 17, 2024 - 12:17am | 838Read More...The popular arbitrage trade involving Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is causing unexpected pain as the U.S. stock premium over its Taiwanese counterpart reaches a 15-year high. What Happened: The premium of TSMC’s American depositary receipts over its Taiwan stock has...
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Amazon To Invest Billions In Taiwan Cloud Infrastructure, Expanding AWS Presence In Asia
Wednesday, June 12, 2024 - 1:16am | 605Read More...Amazon.com Inc. (NASDAQ:AMZN) disclosed its plan to invest billions of dollars in Taiwan over the next 15 years. The investment aims to establish data centers, further expanding the company’s global footprint in Asia to meet the region’s increasing demand for cloud services. What...
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Nvidia, Apple Could Be At The Receiving End Of Global Chip Industry Disruption Spurred By Taiwan Energy Crisis
Tuesday, June 11, 2024 - 12:36am | 697Read More...The semiconductor industry, which is heavily reliant on Taiwan, might face a significant setback due to the country’s ongoing energy crisis. This could lead to a slowdown in chip production and a rise in global semiconductor prices. What Happened: Taiwan, a key player in the global...














