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☆ TSMC shares surge after 54% annual jump in net profit, strong guidance
  + stars: | 2024-10-17 | by ( Seema Mody | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTSMC shares surge after 54% annual jump in net profit, strong guidanceCNBC's Seema Mody reports on the latest news from Taiwan Semiconductors.
Persons: Seema Mody Organizations: Taiwan Semiconductors
☆ Taiwan Semi set to invest $40 billion in U.S. manufacturing
  + stars: | 2022-12-06 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaiwan Semi set to invest $40 billion in U.S. manufacturingCNBC's Kristina Partsinevelos joins 'Power Lunch' to discuss Taiwan Semiconductors' investment in two new Arizona based manufacturing plants, the benefits the plant will generate and the subsidies incentivizing U.S.-based manufacturing.
☆ Citadel's Ken Griffin warns the US economy will enter an immediate 'great depression' if China invades Taiwan and cuts off access to its semiconductor industry
  + stars: | 2022-11-16 | by ( ) www.businessinsider.com   time to read: +2 min
Citadel founder Ken Griffin speaks at the CNBC Delivering Alpha conference in New York on September 28, 2022. CNBCThe US economy would immediately enter a great depression if China invades Taiwan, according to Citadel founder Ken Griffin. The US is "playing with fire" as it balances a sensitive relationship between China and Taiwan, according to Citadel founder Ken Griffin. In an interview with Bloomberg on Tuesday, Griffin said the US would enter an "immediate great depression" if China invades Taiwan and cuts off access to its semiconductor industry. But that concentrated bet could be a big loser if Griffin's bleak view on China and Taiwan ultimately pans out.
☆ China’s Threat to Taiwan Semiconductors
  + stars: | 2022-10-11 | by ( Vivek Ramaswamy | Mike Pompeo | ) www.wsj.com   time to read: +1 min
Xi Jinping ’s all-but-certain installation for a third term as leader of the Chinese Communist Party marks an important milestone in the party’s progress toward annexing Taiwan. Mr. Xi has unambiguously stated that reacquiring Taiwan is a pillar of his national rejuvenation platform and a vital national objective. Mr. Xi’s ambitions have been checked by his need to secure a third term, as he likely feared international backlash that could threaten his grip on power. Taiwan’s annexation could allow him to assert dominance and divert attention away from China’s domestic problems. Mr. Xi may be disinclined to wait, given the risk of a more assertive president in Taipei in May 2024 or Washington in January 2025.
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