Taiwan Semiconductor Manufacturing Co's (TSMC) value soared by NT$1 trillion (US$30 billion) on Thursday amid a global chip stock frenzy fuelled by artificial intelligence (AI), which has become a key disruptive force in a wide range of industries. The world's biggest contract chip maker's Taipei-listed shares jumped 5.3 per cent to NT$899, hitting their highest listing in 1994. The surge lifted its market capitalisation to over NT$23 trillion, pushing the local benchmark Taiex Index to a record
A key semiconductor industry event in China attracted a smaller number of exhibitors this year, reflecting local market challenges and a desire to stay out of the limelight amid intensified US export restrictions. The sixth edition of the World Semiconductor Conference (WSC), which kicked off Wednesday in Nanjing, the capital of China's eastern Jiangsu province, drew more than 200 exhibitors from a wide range of chip-related applications such as artificial intelligence (AI), automotive, and elec
Investing.com -- A speciality contract chipmaker partially-owned by Taiwan Semiconductor Manufacturing Company (TW:2330) has teamed up with NXP Semiconductors (NASDAQ:NXPI) in the Netherlands to create a joint-venture that will build a new $7.8 billion wafer facility in Singapore.