Trends - TSMC - Business Recorder

TSMC

US finalizes up to $6.6 bn funding for chip giant TSMC

WASHINGTON: The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help...

Published 15 Nov, 2024 05:45pm

Technology

Taiwan chip giant TSMC sued for alleged discrimination

WASHINGTON: More than a dozen US-based employees of Taiwanese chipmaking giant TSMC have sued the company for...

Published 14 Nov, 2024 01:17pm

World

US ordered TSMC to halt shipments to China of chips used in AI applications

NEW YORK/SINGAPORE: The U.S. ordered Taiwan Semiconductor Manufacturing Co, opens new tab to halt shipments of...

Published 10 Nov, 2024 10:31am

World

What Trump’s 2024 election win means for Asian companies

Donald Trump has been elected US president, capping a remarkable comeback four years after he was voted out of the...

Published 07 Nov, 2024 11:45am

Business & Finance

Samsung to focus on high-end chips to improve earnings after disappointing results

SEOUL: Samsung Electronics said it would focus on producing high-end chips to improve profitability after reporting...

Published 31 Oct, 2024 09:46am

Technology

TSMC suspended shipments to China firm after chip found on Huawei processor, sources say

Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it...

Published 27 Oct, 2024 10:22am

Markets

TSMC stock hits new high after posting forecast-beating earnings

TAIPEI: TSMC’s Taipei-listed shares hit a record high on Friday after the chipmaker posted forecast-beating...

Published 18 Oct, 2024 09:40am

Technology

Taiwan’s TSMC says full-year revenue forecast to grow nearly 30%

TAIPEI: Taiwan’s TSMC said Thursday that its full-year revenue was forecast to grow nearly 30 percent, after the...

Published 17 Oct, 2024 12:48pm

Technology

SoftBank scraps AI chips tie-up plan with Intel, FT reports

Japanese technology investor SoftBank dropped plans of producing an artificial intelligence chip with Intel to...

Published 15 Aug, 2024 10:09am

Business & Finance

Asian currencies: Ringgit and Indonesia’s rupiah led gains

BENGALURU: Asian equity markets were subdued on Thursday as a rebound rally fizzled out, with stocks in Taiwan and...

Published 09 Aug, 2024 07:52am

Technology

TSMC leads chipmaker plunge as trade resumes after typhoon pause

TAIPEI: Taiwanese giant TSMC tumbled with several other leading chip makers Friday as traders returned from a...

Published 26 Jul, 2024 11:54am

Business & Finance

TSMC Q2 revenue handily beats market forecasts

TAIPEI: TSMC, the world’s largest contract chipmaker, reported on Wednesday second quarter revenue of T$673.51...

Published 10 Jul, 2024 11:57am

Technology

TSMC sees annual sales growth to reach 10% in semiconductor industry

HSINCHU: Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual...

Published 23 May, 2024 10:55am

Technology

South Korea announces $19bn support package for chip industry

SEOUL: South Korea announced on Thursday a 26 trillion won ($19 billion) support package for the country’s vital...

Published 23 May, 2024 10:50am

Technology

TSMC Q1 profit rises 9%, beats market expectations

TAIPEI: Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market...

Published 18 Apr, 2024 10:52am

Business & Finance

US awards Samsung $6.4bn in grants for Texas chip complex

WASHINGTON: The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung to expand its...

Published 16 Apr, 2024 03:38am

Markets

European shares rebound from one-month low; ECB rate verdict up next

European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with...

Published 10 Apr, 2024 10:14pm

Business & Finance

Intel expects to overtake TSMC in making fastest chips this year

NEW YORK: Intel on Wednesday said it expected to beat a 2025 deadline to overtake its biggest rival in advanced chip...

Published 22 Feb, 2024 06:55am

Technology

Sony Q3 profit beats consensus, targets 2025 listing for financial business

TOKYO: Sony’s operating profit jumped 10% in the third quarter, beating estimates, buoyed by the strength of its...

Published 14 Feb, 2024 12:27pm

Markets

Chips, megacaps steer gains on Wall Street

NEW YORK: US stocks rose on Friday, with the benchmark S&P 500 on course to closing at its highest level, ...

Published 20 Jan, 2024 05:18am

Business & Finance

Asian FX logs weekly losses

BENGALURU: Most Asian currencies were set to weaken against the dollar for the week as upbeat economic indicators...

Published 20 Jan, 2024 05:18am

Markets

European shares advance as chipmakers rally

PARIS: European shares bounced back on Thursday following three straight sessions of losses, buoyed by Richemont and...

Published 19 Jan, 2024 05:37am

Markets

Chip, megacap stocks power gains on Nasdaq, S&P 500

NEW YORK: The benchmark Nasdaq and S&P 500 jumped on Thursday, recouping recent losses on a boost from chip and...

Published 19 Jan, 2024 05:37am

Markets

Wall Street ends sharply lower as chipmakers slide

NEW YORK: US stocks ended sharply lower on Friday as chipmakers dropped on concerns about weak consumer demand, ...

Published 18 Sep, 2023 06:32am

Business & Finance

TSMC says Arizona plant making ‘fast progress’

TAIPEI: Taiwan chip giant TSMC’s planned factory in the United States was making “fast progress”, the...

Published 11 Sep, 2023 06:32am

Markets

Stocks stumble as ‘dollar juggernaut’ on a roll

SINGAPORE: Asia’s stock markets dipped on Friday, with tech shares tumbling on deepening Sino-US tensions, while the...

Published 08 Sep, 2023 10:09am

Business & Finance

Taiwanese chip giant TSMC mulls German plant

SCHIPHOL (Netherlands): Taiwanese chip giant TSMC is deciding whether to build a factory in Germany in a bid to ...

Published 29 May, 2023 04:27am

World

Japan’s prime minister to meet with top chip firms

TOKYO: Japan’s Prime Minister Fumio Kishida plans to meet with top executives from global semiconductor companies as...

Published 17 May, 2023 09:19am

Business & Finance

Japan’s Honda Motor in strategic collaboration deal with TSMC

TOKYO: Japan’s Honda Motor Co on Wednesday unveiled it struck a strategic collaboration agreement with Taiwan...

Published 26 Apr, 2023 09:45am

Markets

European shares snap five-day winning streak

PARIS: European shares cooled off after five straight sessions of gains on Monday as bank shares led declines, while...

Published 18 Apr, 2023 06:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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