NXP Semiconductors and TSMC-backed Vanguard announced a US$7.8 billion joint venture to produce silicon wafers on Wednesday (Jun 5), joining other chipmakers setting up plants in Singapore to diversify their manufacturing base.
Taiwan shares edge slightly lower after recovering from early slide focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
Shares in Taiwan closed at a new high on Wednesday, soaring more than 300 points, as investors scrambled to pick up contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) and other artificial intelligence-related stocks, dealers said.
Taiwan shares end slightly lower, led by non-tech stocks focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.