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Home Taiwan’s economy feels heat as TSMC feeds global chip boom Taiwan’s economy feels heat as TSMC feeds global chip boom Demand for ‘strategic resource’ fuels labour, power and water shortages World Economy News 16 Feb 2021 • 7 min read Business has never been brisker for construction companies in Taiwan as the world’s biggest contract chipmaker rushes to build facilities through the Lunar New Year holiday to meet surging demand....

Are These The Best Semiconductor Stocks To Buy Right Now? 4 In Focus. Semiconductor stocks performed extremely well in 2020, and analysts are expecting more great things in the space in 2021. Simply put, the tech sector continues to thrive because it owes its massive success in no small part to the semiconductor industry. Although most top semiconductor stocks fell along with the broader market during the coronavirus-induced market sell-off, they have bounced back strongly. Consumer electronics...

Samsung seeks $1 billion in tax breaks to build new $17 billion chip plant in Austin The facility would create 1,800 new jobs with an initial average annual wage of $66,254. Samsungs existing facility in Austin. By Tribune News Service Samsung is seeking a taxpayer-subsidized incentives package worth more than $1 billion to choose Austin for its next big facility — a 7 million square-feet next-generation chip fabrication plant that would be valued at more than $17 billion and create 1,800 job...

Samsung is seeking a taxpayer-subsidized incentives package worth more than $1 billion to choose Austin for its next big facility – a 7-million-square-foot next-generation chip fabrication plant that would be valued at more than $17 billion and create 1,800 jobs, according to documents filed with the state. The documents made public by the Texas comptrollers office Thursday show that Samsung is seeking tax abatements from Travis County, the city of Austin and the Manor school district. Sam...

Author Bio Chris has covered Tech and Telecom companies for The Motley Fool since 2012. Follow him on Twitter for the latest tech stock coverage. Follow @tmfnewsie If youre in the market for an investment in the chip industry, youve likely considered powerhouse players NVIDIA  Corporation (NASDAQ:NVDA). The former has a long history dominating the cellular chip space, and the latter is currently a leader in the graphics processing unit (GPU) market.  Both tech compan...

Earnings reports next week may help stocks surge

Samsung could build a $10 billion advanced logic chipmaking plant in Austin, according to media reports, potentially adding to the companys existing multibillion-dollar facilities in Central Texas.  If it happens, the Samsung expansion would add to a series of recent stunning wins for Austins technology sector. In just the past six months, Austin saw electric automaker Tesla pick it as the site for a $1 billion assembly facility and software giant Oracle move its corporate headquarters to Aust...

After leading markets higher for most of 2020, technology-related stocks took a backseat late last year to so-called value or cyclical plays, whose businesses are expected to gain the most from the economic revival promised by vaccines against COVID-19.

Tech shares could retake market reins as earnings heat up By Lewis Krauskopf Reuters NEW YORK (Reuters) - A bevy of major U.S. earnings reports next week led by Apple, Microsoft and Facebook could help technology and growth stocks reassert their dominance after a recent run by banks, energy and other potential beneficiaries of an economic reopening. After leading markets higher for most of 2020, technology-related stocks took a backseat late last year to so-called value or cyclical plays, ...

NEW YORK (Jan 22): A bevy of major US earnings reports next week led by Apple, Microsoft and Facebook could help technology and growth stocks reassert their dominance after a recent run by banks, energy and other potential beneficiaries of an economic reopening. After leading markets higher for most of 2020, technology-related stocks took a backseat late last year to so-called value or cyclical plays, whose businesses are expected to gain the most from the economic revival promised by vaccines ...