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☆ Asian chip stocks slump as Nvidia's slowing revenue growth worries investors
▼ + stars: | 2024-11-21 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

Justin Sullivan | Getty ImagesAsian semiconductor-related stocks mostly slumped on Thursday after Nvidia reported an earnings forecast that failed to meet the lofty expectations of some investors. The sentiment has spilled over to Asia, with stocks tied to Nvidia suppliers as well as other chip companies mostly falling. Selloff in AsiaSemiconductor testing equipment supplier Advantest , which counts Nvidia among its clients, dropped as much as 5.6% on Thursday, the largest chip loser on Japan's benchmark Nikkei 225. Taiwan Semiconductor Manufacturing Corp , which manufacturers Nvidia's high-performance graphics processing units, slipped as much as 1.5%. The company has been a key supplier to Nvidia and is building the world's largest manufacturing facility in Mexico for assembling Nvidia's GB200 superchips, a key component of its next-generation Blackwell family computing platform.

Persons: Justin Sullivan, Daniel Newman, CNBC's Organizations: Getty, Nvidia, Futurum, Asia Semiconductor, Nikkei, Advantest Corp, Softbank Group, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, Blackwell, SK Hynix, Samsung Electronics Locations: Santa Clara , California, Asia, Selloff, Mexico, South Korea

☆ Asian chip-related stocks rally on renewed AI optimism after Nvidia CEO comments
▼ + stars: | 2024-09-12 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +1 min

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Asian chipmaking heavyweights extended Wall Street's rally as Nvidia CEO Jensen Huang made bullish comments about the AI darling's outlook. Stocks tied to Nvidia suppliers and semiconductor related companies rallied in Asia as the bullish investor sentiment spilled over. Contract chip manufacturer Taiwan Semiconductor Manufacturing Corp jumped as much as 5% and Hon Hai Precision Industry — known internationally as Foxconn — gained over 4%. Japanese chip-related stocks also soared, including semiconductor testing equipment supplier Advantest which gained over 9%.

Persons: Jensen Huang, Goldman Sachs, Huang, Stocks, — Organizations: Nvidia Corp, Nvidia, Goldman, Technology Conference, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, TSMC, Tokyo, SoftBank Group, Samsung Electronics, SK Hynix Locations: Taipei, Taiwan, San Francisco, Asia, South Korea

☆ Asia-Pacific markets open lower after gains on Wall Street; Japan and South Korea data in focus
▼ + stars: | 2024-09-11 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +1 min

The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Asia-Pacific markets opened lower on Wednesday, despite gains on Wall Street ahead of the U.S. August consumer inflation report due Wednesday. Traders in Asia parsed key economic data from Japan and South Korea. South Korea reported that unemployment fell to 2.4% in August, the lowest level since 1999, when the data series commenced, according to Statistics Korea. The sentiment for non-manufacturers declined for a third consecutive month to plus 23, from plus 24.

Persons: Donald Trump, Kamala Harris, Canada's Alimentation Organizations: Traders, Statistics Korea, Reuters, Republican, Democratic, Federal Trade Commission, Taiwan Semiconductor Manufacturing Corp, Taiwan Locations: Ginza, Tokyo, Japan, Asia, Pacific, South Korea

☆ CNBC Daily Open: Tech rebounds, CrowdStrike tumbles, Wiz rejects Google
▼ + stars: | 2024-07-23 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wiz walks awayCloud security startup Wiz rejected a $23 billion acquisition offer from Google, opting instead to pursue an IPO. The move allows Warner Bros. to retain some of its NBA broadcasting rights. However, the NBA may not want Warner Bros. as a media rights partner and could reject the company's matching rights, which could lead to a legal tussle.

Persons: Kamala Harris, Russell, CrowdStrike, George Kurtz, Mark Green, Andrew Garbarino, Wiz, Hai Precision Industry —, Hong Organizations: New York Stock Exchange, CNBC, Tech, Nvidia, Nasdaq, Dow Jones Industrial, Homeland Security, Microsoft, Delta Air Lines, Google, NBA, Warner Bros, Discovery, National Basketball Association, Amazon Prime, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, CSI, U.S Locations: New York City, U.S, Asia, Pacific, Taiwan

☆ Taiwan tops Asia's best-performing stock markets so far in 2024 — Japan is No. 2
▼ + stars: | 2024-07-01 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +5 min

A screen displays stock figures at the Taiwan Stock Exchange Corp. headquarters in Taipei, Taiwan, on Monday, Jan. 15, 2024. The Taiwan Weighted Index has surged 28% so far this year, powered by stocks along the AI value chain. While Taiwan may lead Asian markets, Japan seems to be the favored market going forward, among analysts who spoke to CNBC. While most Asian markets are in positive territory year-to-date, three stock markets — Thailand, Indonesia and the Philippines — fell into negative territory. The CME FedWatch tool indicates that 61% of traders expect the Fed to cut rates by 25 basis points in the September meeting.

Persons: Foxconn —, Hai Precision Industry —, Rahul Ghosh, Rowe Price, Ghosh, Ben Powell, Powell, Neel Kashkari, Ken Orchard Organizations: Taiwan Stock Exchange Corp, Bloomberg, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, Intelligence, Nikkei, CNBC, BlackRock Investment Institute, Bank of Japan, Federal, U.S, Fed, Minneapolis Federal Locations: Taipei, Taiwan, Asia, Pacific, Japan, BlackRock, Thailand, Indonesia, Philippines, Jakarta, Philippine, U.S

☆ Nvidia is going on the defensive as the list of contenders grows
▼ + stars: | 2024-06-11 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

Read previewThere are signs that Nvidia is adopting a defensive posture as competitors try to carve out a piece of the AI computing market it has dominated thus far. What does going on the defensive look like for a company with between 70% and 90% market share? Advertisement"Our sense is that investor expectations still haven't adjusted enough to the impacts the Blackwell launch will have on Nvidia competitors," the analysts wrote. The fast pace of new launches makes meaningful competition even harder to fathom according to Morgan Stanley. Morgan Stanley assessed that Broadcom is poised to gain market share while AMD's fate is less certain.

Persons: —, Morgan Stanley, Jensen, Lisa Su, Blackwell, Huang, Emma Cosgrove Organizations: Service, Nvidia, Microsoft, Meta, Google, Business, Devices, AMD, Taiwan Semiconductor Manufacturing Corp, Broadcom Locations: Santa Clara , California, ecosgrove@businessinsider.com

☆ Asia markets trade lower tracking Wall Street's losses; Japan inflation numbers watched
▼ + stars: | 2024-04-19 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets were all lower on Friday, tracking Wall Street's losses overnight and giving up gains from the previous day. Traders will also be watching chip stocks, after Taiwanese chip giant Taiwan Semiconductor Manufacturing Corp beat first quarter revenue and profit expectations on Thursday. Japan released March inflation data, with the headline inflation rate coming in at 2.7%, down from the 2.8% seen in February. The core inflation rate — which strips out fresh food prices — stood at 2.6%, in line with expectations from economists polled by Reuters. Japan's benchmark Nikkei 225 was down 1.88% after the inflation reading, while the broad based Topix fell 1.3%.

Organizations: Traders, Taiwan Semiconductor Manufacturing Corp, Reuters, Nikkei Locations: Asia, Pacific

☆ CNBC Daily Open: Markets in the green, Davos in full swing
▼ + stars: | 2024-01-19 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In Asia, chip companies lifted Taiwan stocks, with heavyweight Taiwan Semiconductor Manufacturing Corp surging as much as 6.6%. Peltz said he and Rasulo will be like "Batman and Robin" in an interview with CNBC, if they get elected. India's wealthy, China's shrinking working populationIndia's affluent population is set to nearly double and drive consumption growth in the world's fifth-largest economy.

Persons: Dow, Nelson Peltz, Jay Rasulo, Peltz, Rasulo, Robin, Bernstein, AllianceBernstein Organizations: CNBC, Dow, Apple, Bank of America, Taiwan Semiconductor Manufacturing Corp, Disney, Trian, Management, Davos India, Economic Locations: Asia, Taiwan, India, Davos, Switzerland, China, Pacific

☆ Taiwan urges progress on EU investment deal as bloc courts chip firms
▼ + stars: | 2023-10-12 | by ( Ben Blanchard | ) www.reuters.com time to read: +3 min

Taiwan National Development Council Minister Kung Ming-hsin poses during an interview with Reuters in Taipei, Taiwan, April 23, 2021. Taiwan has repeatedly pushed for the conclusion of a Bilateral Investment Agreement (BIA) with the EU, saying it would help encourage more Taiwanese investment, especially from chip companies. The EU identified Taiwan as a candidate for a BIA in 2015, but no talks have taken place on the issue. "On the basis of this mutual trust... can you tell EU headquarters, on the BIA, can it start, effectively moving it forward?" A Taiwanese government official said last month that Taiwan is seeking other trade agreements with the EU given the BIA is a "long shot".

Persons: Taiwan National Development Council Minister Kung Ming, hsin, Ben Blanchard, Development Council Minister Kung Ming, Tsai Ing, Tsai, John Stonestreet Organizations: Taiwan National Development Council Minister, Reuters, REUTERS, Rights, European Union, BIA, European, EU, Development Council Minister, Trade Organisation, Taiwan Semiconductor Manufacturing Corp, chipmaker, Thomson Locations: Taiwan, Taipei, Rights TAIPEI, EU, Europe, Asia, China, Beijing, Germany

☆ Chipmaker Taiwan seeks other EU trade deals given investment agreement 'a long shot'
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

Taiwan has repeatedly called for progress on a Bilateral Investment Agreement (BIA) with the EU. The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, but has not held talks with Taiwan on the issue since. "In that regard of course we have long been promoting a bilateral investment agreement between the EU and Taiwan. However, we know that's a long shot," said Chen, who visited the European Commission in June. Taiwan Semiconductor Manufacturing Corp (2330.TW), the world's largest contract chipmaker, announced last month a 3.5 billion euro ($3.75 billion) investment in Germany for the company's first factory in Europe.

Persons: Chen Chern, chyi, Chen, Filip Grzegorzewski, Tsai Ing, Ben Blanchard, Gerry Doyle Organizations: European Union, EU, European, European Commission, Taiwan Semiconductor Manufacturing Corp, chipmaker, BIA, Trade Organisation, Thomson Locations: TAIPEI, Taiwan, Europe, Asia, EU, Germany

☆ Asian semiconductor stocks surge after Nvidia posts stellar second-quarter results
▼ + stars: | 2023-08-24 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

In this article 981-HK1347-HK2330-TWNVDA Follow your favorite stocks CREATE FREE ACCOUNTAerial photo shows the factory of Taiwan Semiconductor Manufacturing Company (TSMC) in Nanjing, Jiangsu province, Aug 1, 2023. Costfoto | Nurphoto | Getty ImagesSemiconductor-related stocks in Asia surged after chipmaker Nvidia posted second-quarter results that beat estimates and issued optimistic guidance for the current period. Shares of Taiwan Semiconductor Manufacturing Corp , which manufactures all of Nvidia's advanced AI chips, climbed as much as 1.81% on Thursday, while counterpart Samsung Electronics gained as much as 2.24%. In an Aug. 21 note, Morgan Stanley analysts estimated that TSMC will generate 6% of revenue from AI-related semiconductors in 2023. Stock Chart Icon Stock chart icon

Persons: Morgan Stanley Organizations: HK, Taiwan Semiconductor Manufacturing Company, Nurphoto, Getty, Semiconductor, Nvidia, Taiwan Semiconductor Manufacturing Corp, Samsung Electronics Locations: Nanjing, Jiangsu, Asia

In the face of an unprecedented semiconductor shortage, Europe is offering billions of euros in subsidies to reduce its dependence on Asia. In return, Intel is committing big sums and with Germany already bagging a 30 billion euro investment, Poland decided to crash the party. Poland initially impressed Intel executives with the speed in which it responded to queries and addressed concerns, Intel said. "When we began the process, we hadn't considered Poland," Intel CEO Pat Gelsinger told Reuters. But when Intel announced its European investments in March 2022, Germany was awarded a major factory in Magdeburg while Intel told Poland it would only expand its existing facility in Gdansk.

Persons: chipmaker, hadn't, Pat Gelsinger, Gelsinger, Marcin Fabianowicz, Fabianowicz, Sroda Slaska Adam Ruciński, TSMC, Jakub Mazur, Karol Badohal, Supantha Mukherjee, Matt Scuffham, Elaine Hardcastle Organizations: Wroclaw, Intel, Reuters, Polish Investment and Trade Agency, Industrial Development Agency, PepsiCo, Taiwan Semiconductor Manufacturing Corp, Thomson Locations: WROCLAW, Poland, STOCKHOLM, Europe, Asia, Germany, U.S, Wroclaw, Polish, Magdeburg, Gdansk, Sroda Slaska, Wrocław, Taiwan, Stockholm

☆ ‘Intel Outside’ is more like it these days
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +2 min

The cash will come in handy for the company whose “Intel Inside” campaign is part of marketing lore, but the benefits of putting the subsidiary on a path to a standalone future are bigger. IMS dominates a specialized niche of semiconductor manufacturing, making laser-based tools that construct masks used to etch complex patterns on silicon-wafer circuitry. With Intel, Taiwan Semiconductor Manufacturing Corp (2330.TW), and others rushing to build plants, there’s plenty of business. Intel’s own ambitious plans, including a recently unveiled $33 billion expansion in Germany, have opened it up to talking with outside investors. IMS might benefit similarly from being outside Intel.

Persons: Robert Cyran, Jeffrey Goldfarb, Katrina Hamlin Organizations: YORK, Reuters, IMS, Bain Capital, Intel, Taiwan Semiconductor Manufacturing Corp, Twitter, Thomson Locations: Germany, Cava

☆ Taiwan seeks closer EU ties in return for chip investment
▼ + stars: | 2023-06-17 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +3 min

Overseas investments by Taiwan Semiconductor Manufacturing Corp (TSMC), the world's largest contract chipmaker, need government approval, including for a potential factory in Germany. Wu said Taiwan would not block investment in Europe, but there was a "philosophical issue" that a country wanting Taiwanese help needed to consider a broader picture of relations with Taiwan. "If they can think along that positive line, the relations between Taiwan and European countries, major European countries, are going to be so much better than before," said Wu. Taiwan has no formal diplomatic ties with any European country except the Vatican and China warned Europe against official ties ahead of Wu's visit. The EU included Taiwan on its list of potential BIA partners in 2015, but it has not held talks with Taiwan on the issue since.

Persons: Ann Wang, Joseph Wu, Wu, Philip Blenkinsop, Nick Macfie Organizations: REUTERS, Taiwan Semiconductor Manufacturing Corp, NATO, EU, Thomson Locations: Tainan, Taiwan, Europe, Germany, China, Vatican, Czech Republic, Brussels, Taiwan Strait

☆ Chinese chipmaker SMIC warns of weak outlook despite record 2022 revenue
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Feb 9 (Reuters) - Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) (0981.HK) on Thursday warned of a weak 2023 despite record high sales last year, as slowing demand for electronics placed pressure on its business. Backed by funding from Beijing, SMIC is China's best hope for becoming a global leader in chip manufacturing that can rival Taiwan Semiconductor Manufacturing Corporation (TSMC), the industry's largest foundry. SMIC has seen sales surge over the past two years, as global demand for low-end chips rocketed in the wake of the COVID-19 pandemic and a global chip shortage. On Thursday, it said total revenue for 2022 reached $7.23 billion, up 33.6% from 2021. Nonetheless, it is rapidly expanding capacity across China, announcing plans to build four new chip manufacturing plants since 2020.

☆ Taiwan touts $900 mln in new business from Silicon Valley meetings
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: +2 min

Taiwan Economy Minister Wang Mei-hua speaks during an interview with Reuters in Taipei, Taiwan, September 30, 2021. REUTERS/Ann WangTAIPEI, Oct 15 (Reuters) - Taiwan's economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California's Silicon Valley, the ministry said on Saturday. Taiwan is a major semiconductor producer, home to the world's largest contract chip maker, Taiwan Semiconductor Manufacturing Corp (2330.TW), , and supplies most the world's major tech firms. "The visits are expected to bring back U.S. research and development investment and orders in Taiwan worth more than T$30 billion," it said, without elaborating. Wang said on Tuesday that if Taiwan remains safe, global supply chains of vital semiconductors would also be secure.

☆ Numărul companiilor chineze listate în lume a crescut
▼ + stars: | 2020-07-07 | by ( On | In | ) omniapres.md time to read: +3 min

Sursa menţionează că pragul de clasare a societăţilor chineze printre primele 500 de companii listate din lume a fost de 31,2 miliarde de yuani (valoare de piaţă) în prima jumătate a acestui an, iar valoarea medie de piaţă din clasament, de 133,5 miliarde de yuani. Dintre cele 96 de companii listate la Beijing, 23 sunt companii de tehnologia informaţiei, inclusiv JD, Xiaomi, Baidu şi Meituan Dianping. La Guangdong şi Shanghai a fost menţinut un impuls de creştere în ceea ce priveşte numărul companiilor listate, conform declaraţiilor făcute de Liu Meilin, analist la 21st Century Economic Institute. Deşi numărul companiilor listate în Hangzhou a fost mai mic, aproape jumătate din cifra de la Shanghai, valoarea totală de piaţă a companiilor listate în Hangzhou a fost mai mare decât cea din Shanghai, atingând 6,79 trilioane de yuani. Regiunea Delta Râului Yangtze avea 131 de companii listate la 30 iunie, reprezentând 26% din primele 500 de companii amintite, faţă de 108 la sfârşitul anului 2018.

Persons: Beijingul, Liu Meilin Organizations: Wind, Manufacturing, yuani, Economic Institute Locations: China, Shanghai, Shenzhen, Hong Kong, New York, Taiwan, Guangdong, Beijing, Xiaomi, Hangzhou, Yangtze, Creşterea, Nanjing

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