Taiwan Shares Surge by 2.06%

Taipei: Taiwan shares ended up 668.35 points, or 2.06 percent, at 33,072.97 Tuesday on turnover of NT$656.51 billion (US$20.82 billion).

According to Focus Taiwan, the significant rise in the stock

TSMC Approves US$44.96 Billion Budget Amid AI Boom

Taipei: Taiwan Semiconductor Manufacturing Co’s (TSMC) board of directors has approved a US$44.96 billion capital budget to bolster advanced and specialty technology capacity, upgrade advanced packaging, and fund fab construction.

U.S. Dollar Closed Lower on Taipei Forex Market

Taipei: The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.010 to close at NT$31.550.

According to Focus Taiwan, the turnover totaled US$1.338 billion during the trading session. The