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Nvidia’s Foxconn posts 11% jump to $67.7 billion in Q3 on booming AI server demand

Nvidia’s Foxconn posts 11% jump to $67.7 billion in Q3 on booming AI server demand

Foxconn reported NT$2.06 trillion ($67.7 billion) in Q3 revenue, with October sales rising 11.3% year-over-year.
From luxury watches to scam compounds: the rise and fall of Chen Zhi’s global empire

From luxury watches to scam compounds: the rise and fall of Chen Zhi’s global empire

Three years ago, Cambodian Prime Minister Hun Sen presented a collection of locally crafted wristwatches to world leaders, including Joe Biden, Jus...
U.S. stocks hit fresh records as the S&P 500 nears 7,000 and Nvidia breaks above $204

U.S. stocks hit fresh records as the S&P 500 nears 7,000 and Nvidia breaks above $204

Markets everywhere are going wild. Stocks across the globe are smashing records as three big events collide; Trump’s return to the trade spotlight,...
Foxconn unveiled plans to invest $1.37 billion in AI and supercomputing

Foxconn unveiled plans to invest $1.37 billion in AI and supercomputing

Foxconn unveiled plans to invest $1.37 billion in AI and supercomputing to expand its cloud and smart platforms.
Taiwan’s chipmakers cast doubts over government green energy goals

Taiwan’s chipmakers cast doubts over government green energy goals

Taiwan’s chipmakers doubt the government can deliver enough green energy to meet their power needs.
Why Nvidia stock is climbing fast after TSMC’s stellar quarter

Why Nvidia stock is climbing fast after TSMC’s stellar quarter

Nvidia stock (NASDAQ: NVDA) saw a notable rise on Thursday amid a bullish momentum after Taiwan Semiconductor Manufacturing Co. (TSMC) reported a r...
Why TSMC stock is in the red after reporting strong Q3 numbers

Why TSMC stock is in the red after reporting strong Q3 numbers

TSMC stock was in the red in early trading on Thursday, even as the company posted strong quarterly results. US-listed shares of the Taiwanese chip...
Very good news for semiconductor ETFs like SOXX and SMH

Very good news for semiconductor ETFs like SOXX and SMH

Top semiconductor ETFs have rallied in the past few years as the tailwinds in the AI industry continued. The VanEck Semiconductor ETF (SMH) jumped ...
TSMC smashes records again with 39% profit jump fueled by AI chip boom

TSMC smashes records again with 39% profit jump fueled by AI chip boom

TSMC's Q3 profit jumped 39.1% year-over-year, hitting NT$452.3 billion and beating expectations.
TSMC profit surge shows how AI demand reshapes global chip supply chains

TSMC profit surge shows how AI demand reshapes global chip supply chains

Taiwan Semiconductor Manufacturing Co. (TSMC) has reported a sharp rise in quarterly profit, underscoring how artificial intelligence (AI) is rewri...