TSMC Shares Surge Almost 69% in ‘Year of Snake’
Taipei: Shares in contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), the most heavily weighted stock on the local market, soared almost 69 percent in the Year of the Snake. On
TSMC Rally Propels Taiex to Record High Close
Taipei: Shares in Taiwan closed at a fresh record high Wednesday, with the Taiex jumping more than 500 points in the final session before the Lunar New Year break, as
MSCI Adjusts Taiwan’s Weighting in Major Indexes
Taipei: MSCI Inc., a global index provider, has raised Taiwan’s weighting in one of its major indexes but cut the weighting in two other indexes after a regular index review.
Taipei Signs NT$12.2 Billion Deal with Nvidia for Technology Park Development
Taipei: The Taipei City government on Wednesday signed a NT$12.2 billion (US$380 million) agreement with Nvidia for the T17 and T18 plots of land at Beitou-Shilin Technology Park, with Mayor
Taiwan Shares Close Up 1.61% as Market Sees Positive Turnaround
Taipei: Taiwan shares ended up 532.74 points, or 1.61 percent, at 33,605.71 Wednesday on turnover of NT$674.08 billion (US$21.47 billion).
According to Focus Taiwan, the stock market in Taiwan experienced
Taiwan Shares Open Higher on Wednesday
Taipei: The Taiwan Stock Exchange’s main index experienced an uptick as trading commenced on Wednesday, with the index opening up 13.18 points at 33,086.15. The initial turnover for the session
Taiwanese Firms Must Diversify From China Despite Structural Limits: Experts
Taipei: Taiwanese firms are undertaking a long-term shift away from manufacturing in China, but experts warned Monday that Beijing’s political-economic system makes full independence from the mainland’s industrial ecosystem a
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.