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TSMC's $37b spending blitz ignites global chip share rally

TAIPEI • Taiwan Semiconductor Manufacturing Co (TSMC) triggered a global chip stock rally after outlining plans to pour as much as US$28 billion (S$37 billion) into capital spending this year, a staggering sum aimed at expanding its technological lead and constructing a plant in Arizona to serve key American customers.. Read more at straitstimes.com.
New York United States T Ai Pei Pat Gelsinger Mark Li Honda Motor

Top Chinese Chipmaker Dives on Reports Co-CEO Abruptly Quit

China’s Top Chipmaker Slides After Co-CEO Abruptly Quits Bloomberg 12/16/2020 Bloomberg News (Bloomberg) -- Semiconductor Manufacturing International Corp. shares fell after news emerged about the surprise resignation of a top executive who spearheaded the rapid technological ascent of China’s largest chipmaker. Popular Searches SMIC is trying to reach co-Chief Executive Officer Liang Mong Song after online media circulated a resignation letter they said originated with th...
United States Hong Kong Chiang Shang Yi Mark Li Broadcom Inc Qualcomm Inc
Source: msn.com

China's champion chip maker checks if co-CEO still wants to work there

China’s champion chip maker checks if co-CEO still wants to work there A logo of Semiconductor Manufacturing International Corporation (SMIC) (REUTERS)Premium Xie Yu , The Wall Street Journal SMIC shares fell after reports one of its leaders planned to resign, which was news to the company, and MSCI moved to evict it from its indexes Share Via Read Full Story Shares of China’s top chip maker fell sharply Wednesday over uncertainty surrounding the possible departure of one of its two chief...
United States Chiang Shang Yi Mark Li Kevin Chen China Merchant Securities Co Commerce Department

China's Top Chipmaker Plunges After Co-CEO Abruptly Quits

China’s Top Chipmaker Slides After Co-CEO Abruptly Quits Bloomberg 12/16/2020 Bloomberg News (Bloomberg) -- Semiconductor Manufacturing International Corp. shares fell after news emerged about the surprise resignation of a top executive who spearheaded the rapid technological ascent of China’s largest chipmaker. Popular Searches SMIC is trying to reach co-Chief Executive Officer Liang Mong Song after online media circulated a resignation letter they said originated with th...
United States Hong Kong Abu Dhabi Abuz Aby United Arab Emirates Chiang Shang Yi
Source: msn.com

SMIC shares plunge after co-CEO quits

SMIC shares plunge after co-CEO quits MIFFED? Liang Mong-song resigned after the Chinese chipmaker appointed former TSMC executive Chiang Shang-yi as vice chairman without consulting him, reports said Bloomberg Semiconductor Manufacturing International Corp (SMIC, 中芯國際) shares plunged almost 10 percent after news emerged about the surprise resignation of a top executive who spearheaded the rapid technological ascent of China’s largest chipma...
Hong Kong Abu Dhabi Abuz Aby United Arab Emirates Chiang Shang Yi Mark Li

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China's Top Chipmaker Slides After Co-CEO Abruptly Quits

China’s Top Chipmaker Slides After Co-CEO Abruptly Quits Bloomberg 12/16/2020 Bloomberg News (Bloomberg) -- Semiconductor Manufacturing International Corp. shares fell after news emerged about the surprise resignation of a top executive who spearheaded the rapid technological ascent of China’s largest chipmaker. Popular Searches SMIC is trying to reach co-Chief Executive Officer Liang Mong Song after online media circulated a resignation letter they said originated with th...
United States Hong Kong Abu Dhabi Abuz Aby United Arab Emirates Chiang Shang Yi
Source: msn.com

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