After reporting record-high profits for the first quarter, Adata Technology Co (威剛科技), a supplier of DRAM and NAND flash memory modules, yesterday said it expects to again post a new high this quarter as the global memory industry is entering a long-term upcycle, driving chip prices higher. Net prof
Shares of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) have repeatedly hit new highs, but an equity analyst said the stock’s valuation remains within a reasonable range and any pullback would likely be technical.The contract chipmaker’s historical price-to-earnings (P/E) ratio has ranged betwee
ECONOMIC DRIVER: The program has driven NT$11.03 billion in private investment, supported 109 companies’ listing, and obtained 8,705 local and foreign patents
A government-initiated program, supported by the National Development Fund (NDF), has invested NT$11.31 billion (US$358.84 million) in 334 small and medium-sized enterprises (SMEs) in Taiwan since 2007 with solid results, the Ministry of Economic Affairs said yesterday.The program has helped drive N
Taiwanese exports’ growth momentum is expected to remain high throughout this year, with full-year outbound shipments surpassing US$800 billion for the first time, despite concerns over global economic disruptions sparked by the US-Iran conflict, credit information agency CRIF Taiwan (中華徵信所) said ye
Shares in OpenAI partners such as Softbank Group Corp and Oracle Corp slumped after the Wall Street Journal reported that the artificial intelligence (AI) start-up recently failed to meet targets for sales and new users, reviving worries about spending ahead of tech earnings.Softbank tumbled almost
From left, farmers Cheng Shu-li, Ou Wen-hsu and Yu Wen-lu pose with watermelons at their farm in Changhua County’s Fusing Township yesterday. The harvest season is under way for watermelons. Due to less rainfall this year, watermelons grown in the rural township are large, sweet and crunchy, the far
US TECH RALLY: A rise in semiconductor stocks on the US market boosted expectations for TSMC, which was the primary driver of growth on the TAIEX yesterday, an analyst said
Taiwanese shares yesterday closed nearly 2 percent higher, led by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), following a retreat after the market topped 40,000 points for the first time.Stocks were also sharply higher in Japan and South Korea yesterday on the back of artif
MONEY VIEWS: Survey results suggested that many investors were reluctant to chase prices after the TAIEX’s strong rally this year, driven by TSMC
The consumer confidence index edged up this month, ending two consecutive months of declines, as people shrugged off concerns about the Middle East war that broke out at the end of February, a report released yesterday by National Central University showed.The index rose 0.17 points month-on-month t
Taiwan’s business climate monitor continued to indicate a boom for the fourth consecutive month last month, although the score fell for the first time in 10 months, the National Development Council (NDC) said yesterday.The council measures the nation’s economic health using a five-color system, with
China has blocked Meta Platforms Inc’s acquisition of artificial intelligence (AI) start-up Manus, the top economic planning body said yesterday, after a regulatory review in which Beijing reportedly also restricted two cofounders from leaving the country.Facebook owner Meta had agreed to acquire Ma
Macronix International Co (旺宏) yesterday said it would raise prices further in the upcoming quarters to reflect a severe chip crunch, following its first steep price hike last quarter that helped the company emerge from years of losses.Macronix, a major supplier of NOR and NAND flash memory chips, i
Farmers and vendors wait for customers amid truckloads of watermelons at a wholesale market in Lahore, Pakistan, yesterday.
SECOND-RATE: Models distilled from US products do not perform the same as the original and undo measures that ensure the systems are neutral, the US’ cable said
The US Department of State has ordered a global push to bring attention to what it said are widespread efforts by Chinese companies, including artificial intelligence (AI) start-up DeepSeek (深度求索), to steal intellectual property from US AI labs, according to a diplomatic cable.The cable, dated Frida
NEXT-GENERATION: The company announced plans to roll out platforms with 100 TOPS performance and expects AI-capable systems to become the standard
Industrial computer maker Advantech Co (研華) is eyeing strong growth potential in edge artificial intelligence (AI), as the technology shifts from cloud-centric computing to edge deployment and real-world applications, Advantech embedded Internet of Things president Miller Chang (張家豪) said on Thursda
CPC Corp, Taiwan (CPC, 台灣中油) on Saturday said it would leave its gasoline and diesel prices unchanged this week in a bid to stabilize domestic consumer prices under the government’s instructions and amid global crude oil price volatility. Formosa Petrochemical Corp (台塑石化) yesterday said it would fol
Google parent Alphabet Inc is to invest up to US$40 billion in Anthropic PBC, as the tech giant deepens its partnership with the artificial intelligence (AI) start-up that is also its rival in the global AI race.Anthropic on Friday said Google has committed US$10 billion in cash at a valuation of US
The artificial intelligence (AI) boom has triggered a seismic reshuffling of global equity markets, with Taiwan and South Korea muscling past European nations one by one.With its stock market now valued at nearly US$4.3 trillion, Taiwan surpassed the UK, Europe’s biggest market, earlier this month,
People pose with blooming irises and century-old terraces at the Songshan Community in New Taipei City’s Shihmen District in an undated photograph. Irises are in season this month and next, and mid-to-late June is the blooming season of garden cosmos, the New Taipei City Agricultural Bureau said.
Late every summer, hulking white bears gather outside a tiny Alaska native village on the edge of the continent, far above the arctic circle, to feast on whale carcasses left behind by hunters and to wait for the deep cold to freeze the sea.It is a spectacle that once brought 1,000 or more tourists
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