The stock market experienced a significant boost today as President Trump announced a 90-day pause on reciprocal tariffs, leading to a surge in tech stocks, especially Nvidia, as optimism grows about AI and trade relations.
Samsung Electronics reported a surprising Q1 operating profit of 6.6 trillion won, driven by strong demand for memory chips and smartphones amid looming US tariffs. However, analysts predict a potential decline in shipments for the next quarter.
Samsung fans are buzzing as the One UI 7 update for Galaxy S24 is set to roll out on April 7. This update promises new features and security enhancements, but it comes amid looming semiconductor tariffs threatening South Korean firms.
Commerce Secretary Howard Lutnick threatens to withhold Chips Act grants unless companies significantly boost their US semiconductor projects, following Taiwan's $100 billion investment announcement.
As President Trump prepares for his April 2 'Liberation Day' announcement, speculation rises over the exclusion of sector-specific tariffs. With a focus on the 'Dirty 15' countries, how will these changes impact the U.S. economy and global trade?
Intel Corp. has appointed Lip-Bu Tan as its new CEO, entrusting him with leading the company through the challenges of the semiconductor industry. Tan will take over on March 18 and rejoin the board after stepping down in 2024.
In a historic move, TSMC announces a $100bn investment in the US, potentially reshaping global semiconductor dynamics and US-Taiwan relations, while raising security concerns in Taiwan.
U.S. equities faced a steep decline on Thursday as uncertainty surrounding trade policies and tariff decisions left investors wary. With the February jobs report looming, concerns about hiring and economic strength intensified, leading to significant drops in key tech stocks.
In a surprising turn, Nvidia and major chip stocks like AMD and Qualcomm saw a decline as the AI trade faltered. Concerns over tariffs and competition from Alibaba loom large, dragging down the tech-heavy Nasdaq.
In a groundbreaking announcement, TSMC plans to invest $100 billion in US chip manufacturing, creating tens of thousands of jobs and aiming to boost America’s foothold in the semiconductor industry.
