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The answer is microchips. And before you react by thinking that’s precisely why China would invade Taiwan to get hold of that country’s highly successful chip fabrication sites, think again.
Taipei, Dec. 7 (CNA) After fluctuating during the day, shares in Taiwan extended losses from a session earlier to close lower on Wednesday in the wake of losses suffered by the U.S. markets overnight, dealers said.
Taiwan Semiconductor Manufacturing Company Limited(NYSE:TSM): The semiconductor industry is poised to benefit from the megatrend of digitization, which may not lose momentum soon. Furthermore, growing corporate investments and government support should drive the industry’s growth. Thus, fundamentally sound semiconductor stocks Taiwan Semiconductor Manufacturing (TSM), United Microelectronics (UMC), Photronics (PLAB), and Xperi (XPER) could be ideal investments now. Read on…
Taipei, Dec. 6 (CNA) Shares in Taiwan moved sharply lower Tuesday as investors reacted to heavy losses on American markets overnight amid renewed concerns that the U.S. Federal Reserve could still push through steep increases in interest rates, dealers said.
Taipei, Dec. 5 (CNA) Shares in Taiwan closed relatively flat Monday after tech stocks gave up early gains following a downturn in the sector on American markets at the end of last week, dealers said.