News with the tag "TSM"

President Donald Trump’s economic policies and “America first” statements are changing Asia’s approach to trade and investment. Financiers and officials across the region are seeking to reduce their reliance on the United States in fear of a trade war. Since the end of World War II in 1945, the US h...

United States Treasury Secretary Scott Bessent said the government is set on bringing rates down. He reprimanded China’s business model, saying it is centered on exports, which is unacceptable in his country. In a Fox News interview, United States Treasury Secretary Scott Bessent revealed that the g...

In a landmark move poised to reshape the global semiconductor landscape, Taiwanese chip giant TSMC has pledged a staggering $100 billion investment in U.S. chip manufacturing facilities over the next four years. This monumental commitment, announced alongside former President Donald Trump, signifies...

In a move hailed as potentially transformative for the American technology sector, semiconductor giant TSMC has dramatically increased its commitment to US chip manufacturing . The Taiwan-based chipmaker announced a staggering pledge to invest “at least” $100 billion in cutting-edge fabrication plan...

Donald Trump recently mentioned that he would impose tariffs of around 25% or more on semiconductor imports. An announcement will come as soon as 2nd April. The president’s recent comments at his Mar-a-Lago club specified various sectors for possible tariffs, including chips, pharma, and automotive....

Intel’s golden era seems to have ended, and now, its rivals Taiwan Semiconductor Manufacturing Co. (TSMC) and Broadcom are circling the company’s carcass, both eyeing potential deals that would essentially split the U.S. chipmaking icon in two. TSMC is considering taking over and operating some or a...

Taiwan Semiconductor Manufacturing Company (TSMC) is considering an option to take over and run Intel Corporation’s United States factories. According to a report citing sources familiar with the matter, the idea was conceived by a member of Trump’s team. The takeover means that United States Presid...

Bitcoin mining operations across the United States are stalled as thousands of mining rigs sit locked in customs warehouses due to a blacklist targeting Bitman, a major Chinese supplier that makes 90% of all Bitcoin mining rigs. The delays are hitting public mining companies, private companies, and ...

The stock market had a bull run this week, with the S&P 500 making gains in four of the days and jumping 3.4% over the five-day trading period, its best numbers since the 2024 presidential election. Market players reacted positive to favorable inflation data for December, strengthening expectations ...

The CEO of Taiwan Semiconductor Manufacturing Co. (TSMC) will miss President-elect Donald Trump’s inauguration, which is expected to be attended by prominent tech sector figures. According to the firm’s Chief Executive Officer, CC Wei they will not make a donation either since the world’s largest ch...