BRIEF: TSMC’s profit jumps in first quarter, unaffected by tariff impact
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM.US; 2330.TW) reported on Thursday its revenue reached T$839.25 billion ($25.53 billion) in the first quarter, up 35.3% year-on-year. Its net profit rose for the…
TSMC profits from AI development, no matter which way political winds blow
Despite being continually caught in tensions between the U.S. and China, the Taiwanese chipmaker’s latest results demonstrate its prowess as an AI powerhouse Key Takeaways: TSMC reported revenue of $26.88…
BRIEF: Taiwan lifts advanced chip manufacturing export restrictions for U.S.
TSMC’s (2330.TW; TSM.US) decision on whether to use its most advanced 2nm process at its new U.S. fabs is one for the company to make, Taiwan’s Economic Affairs minister J.W.…
INDUSTRY BRIEF: Chinese industry bodies warning U.S. chips are “no longer safe”
Four major Chinese industry associations—representing the internet, semiconductor, automotive, and telecommunications sectors—issued a statement on Tuesday urging Chinese companies to exercise caution when purchasing U.S. chips, declaring that U.S. chips…
FAST NEWS: SMIC forecasts continued gross margin decline
The Latest: Semiconductor Manufacturing International Corp. (SMIC)(0981.HK; 688981.SH) on Thursday reported a 68.9% year-on-year drop in its third-quarter profit to $71.79 million, as its gross margin plunged by 7.1 percentage points to 13.7%.…
CHINA BULLETIN: China-U.S. Ties in Focus Ahead of Taiwan Election
In this week’s issue exports rebound, deflation rolls on and car exports zoom. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.…
FAST NEWS: SMIC’s gross margin plunges, with no bottom in sight
The latest: Semiconductor Manufacturing International Corp. (SMIC)(0981.HK; 688981.SH) on Thursday reported a 76.7% year-on-year drop in its third-quarter profit to $93.98 million, as its gross margin plummeted by 19.1 percentage points…
