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Business

Taiwan Plans $4 Billion Texas AI Supply Chain Park

Taiwan's government plans to develop industrial parks in the U.S., starting with a $4 billion complex in Texas, to support AI hardware suppliers. The initiative aims to strengthen supply chains for companies like Nvidia and TSMC.

Checked against 4 sourcesfinance.yahoo.comseekingalpha.comFortune+1 more

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TSMC posts record Q3 profit for sixth straight quarter on AI demand

TSMC reported a record third-quarter net profit of NT$763.1 billion, beating estimates as AI chip demand drove a 68.7% year-on-year surge. The company’s operating margin exceeded guidance, highlighting strong pricing power.

Checked against 6 sourcesCNBCtechbuzz.aiinvestinglive.com+3 more
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