TSMC's shares had been on a roll until US Republican presidential candidate Donald Trump accused Taiwan of stealing American chip business and asked the island to 'pay for its defence'
The United States has reportedly told allies it is considering using the most severe trade curbs available if companies continue giving China access to advanced chip tech
The grants will be used to fund projects in Texas and Missouri establishing the first US production sites for 300-mm wafers for advanced semiconductors
Chinese chipmakers have escalated their purchases of ASML's machines used to make older generations of chips widely used in cars and smartphones
Shares of TSMC fell on Wednesday after remarks by US presidential candidate Donald Trump that Taiwan should pay the US for its defence
Vice-presidential candidate JD Vance has backed the break-up of Google, citing its "monopolistic control of information”
Handset makers are banking on the rollout of artificial intelligence features to fuel the continued recovery in the global phone market
The drop in imports does not bode well for exports in the coming months, as just under a third of China's imports are parts for re-export, particularly in the electronics sector.
TSMC, which is the world's largest contract chipmaker, has been one of the top beneficiaries of soaring demand for AI-capable chips
Exports were up by 23.5% from a year earlier to $39.9 billion – its eighth consecutive monthly rise, the finance ministry said on Tuesday
CEO of Europe's top chip-equipment maker says the auto industry needs a lot more chips that are made using simpler, long-known technologies
Samsung enjoyed a more than 15-fold rise in second-quarter operating profit, as chip prices rebounded thanks to the AI boom, but the group opposes unions and the strike may have little impact