Trump places a 25% tariff on high-end computing chips
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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.
Taiwan and the US government agree on a rough plan for more investment in the US. Otherwise, higher tariffs threaten again.
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.
Viettel has broken ground on Vietnam’s first semiconductor fabrication plant at Hoa Lac Hi-Tech Park in Hanoi, and plans to start trial production of 32-nanometer chips next year.
The world's largest chip contract manufacturer TSMC continues to grow non-stop. The figures also show that chip prices are rising.
Former Intel CEO Pat Gelsinger warns the United States still faces a long road to bring advanced chip manufacturing back from Asia despite recent milestones.
Party General Secretary To Lam and Prime Minister Pham Minh Chinh on January 16 attended the ground-breaking ceremony of Vietnam’s first semiconductor chip manufacturing plant.