Taiwan sought to downplay concerns its tech industry is being hollowed out by a US trade deal, as Taiwan Semiconductor Manufacturing Co. and other chipmakers invest hundreds of billions of dollars in America.

Taiwan Semiconductor Manufacturing will spend up to $56 billion on capital expenditures this year. It was taken as a vote of confidence in AI but it could be influenced by a U.S.-Taiwan trade deal.

Taiwan-based TSMC, the world's largest computer chip maker, says it plans to increase its capital spending by nearly 40% this year after it reported a 35% jump in its net profit for the latest quarter.

Taiwan has struck a significant trade deal with the US under which Taiwanese companies will invest $250 billion, aiming to boost the production of chips, semiconductors, AI and energy in the

Companies that provide picks and shovels for the artificial-intelligence boom jumped after record earnings from Taiwan Semiconductor Manufacturing Co. suggested that the AI rally still has room to run.

TSMC, el mayor fabricante de chips de computadora del mundo, aumentará su gasto de capital hasta en casi un 40% este año después de reportar un aumento del 35% en su beneficio neto para el último trimestre gracias al auge de la inteligencia artificial,

Taiwan Semiconductor Manufacturing Company crushed Q4 earnings, reporting record profits that blew past Wall Street’s expectations. Revenue hit $33.73 billion against a $1.03 trillion consensus, while EPS came in at $19.

Taiwan Semiconductor Manufacturing Co. is speeding up construction of its Phoenix "gigafab cluster" after seeing record-breaking earnings last quarter, chairman and CEO CC Wei announced on a Thursday morning investor call.