TSMC CEO: Money Can't Buy Chip Dominance
TSMC CEO C.C. Wei dismisses Intel's massive funding as insufficient for true competitiveness, as TSMC posts record $16 billion quarterly profit and plans $56 billion expansion.
TSMC CEO C.C. Wei dismisses Intel's massive funding as insufficient for true competitiveness, as TSMC posts record $16 billion quarterly profit and plans $56 billion expansion.
TSMC advances mass production at its second Arizona semiconductor plant to the second half of 2027, boosting U.S. chipmaking capacity and global supply chain resilience.
Asian stock markets showed mixed performance on Friday. Strong earnings from TSMC boosted AI-linked stocks, while easing US-Iran tensions kept oil prices steady. Taiwan led gains with a 2.11% rise.
Taiwan pledges $250 billion investment in US semiconductor production, led by TSMC's Arizona expansion, in exchange for reduced tariffs on Taiwanese goods.
Wall Street steadied on Thursday with technology stocks bouncing back after strong TSMC results. Oil prices tumbled sharply, easing broader market concerns. The S&P 500 rose 0.6%.
Wall Street stocks climbed higher, driven by a rally in semiconductor shares after Taiwan Semiconductor Manufacturing Company reported strong quarterly results.
Taiwan's cabinet refuses to comment on reports of a potential US tariff agreement linked to TSMC's investment plans, amid rising global trade tensions.
Families of four passengers killed in the Air India crash have filed a lawsuit in the UK, alleging faulty fuel switches caused the accident. They are also suing Boeing in the United States.
Elon Musk's X Corp sues Sony, Universal & Warner for antitrust collusion over music licensing. Lawsuit alleges inflated rates & mass copyright takedowns. Full details inside.
TSMC, the world's top chipmaker, is set to surpass Q4 revenue forecasts with a 20.45% YoY surge to T$1,046.08 bn, driven by AI demand. Full results due Jan 15.
Explosive new messages from director Justin Baldoni allege Blake Lively tried to 'set a trap' during 'It Ends With Us' filming. Get the latest details on the $160 million legal battle.
Ex-NFL player Matt Kalil files lawsuit against ex-wife Haley Kalil over her viral livestream comments. The case pits privacy against free speech for public figures. Read the full story.
Nvidia announces full-scale production of its new Vera Rubin AI platform, built on TSMC's advanced 4nm process. This marks a major leap for AI infrastructure and global tech manufacturing. Read more.
Former Carolina Panthers lineman Matt Kalil files lawsuit against ex-wife Haley Kalil for invasion of privacy after intimate details went viral. He seeks damages over $75,000. Read the full story.
Nvidia's CEO expects Chinese firms to place orders for H200 AI chips without a formal government declaration. US licenses pending, but demand remains high.
McDonald's faces a class-action lawsuit alleging the McRib sandwich misleads customers about rib meat content. The fast-food giant strongly denies the claims, stating it uses 100% US pork. Read the full story.
Taiwan Semiconductor Manufacturing Company (TSMC) shares hit a historic high of NT$1,650, propelling its market value beyond NT$42 trillion. Discover the drivers behind this surge and its global impact.
Taiwan Semiconductor Manufacturing Co. (TSMC) shares surged to a record high after Goldman Sachs raised its price target by 35%, citing AI as a multi-year growth engine. Discover how the chip giant's $1 trillion valuation is reshaping tech.
Apple's iPhone 18 Pro series could see a significant price increase due to soaring manufacturing costs of TSMC's advanced 2nm chips. Get the full details on the expected specs and design changes here.
Apple's 2026 iPhones, including the iPhone 18 Pro and Fold, could see major price hikes as TSMC's 2nm chip manufacturing costs skyrocket. Will Apple absorb the cost or pass it to consumers?
Hollywood star Will Smith is sued by former violinist Brian King Joseph alleging sexual harassment, wrongful termination from 2025 tour. Smith's team denies all claims. Full details inside.
Canadian rapper Drake is part of a US class-action lawsuit alleging he used a gambling site's proceeds to artificially inflate his music streams. The suit seeks $5M in damages.
Violinist Brian King Joseph sues Will Smith for alleged sexual harassment and assault during a 2023 party. Smith's team denies the claims. Full story inside.
The US has granted TSMC a licence to import chip-making tools to its China facility, ensuring operations. Separately, TSMC has begun mass production of advanced 2nm chips, boosting AI and mobile tech. Read the full details.
TSMC, the world's top chipmaker, has started mass production of advanced 2nm semiconductors. These chips promise higher performance, lower power use for AI and iPhones. Read the full story.
Taiwan's TSMC plans to mass produce next-gen 2-nanometre chips in 2025, boosting AI, laptops, and self-driving cars. Discover the tech race and geopolitical stakes.
The US Virgin Islands files a lawsuit against Meta, citing internal projections that 10% of its 2024 revenue would come from ads for scams and illegal content. Read the full details.
A powerful 7.0-magnitude earthquake struck Taiwan, triggering evacuations at TSMC's high-tech plants. No major damage reported, but power outages occurred. Stay updated on the latest seismic activity and its global tech impact.
A legal battle erupts as the Trump-Kennedy Center files a $1 million lawsuit against a musician who cancelled a Christmas Eve concert in protest. Read the full story.
Star Trek actor Tyler Perry faces a $77 million lawsuit from Mario Rodriguez alleging sexual assault and unwanted advances. Perry's lawyers call it a 'money grab'.