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Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. presidential candidate Donald Trump.
Tech stocks continued to sell off on Thursday, as investors dumped more megacap tech names.
Asia-Pacific markets fell on Friday as investors on Wall Street continued to rotate out of tech stocks and take profits from the rally in equities in recent weeks.
Former President Donald Trump upended the election tradition of “balancing the ticket” when he picked Ohio Senator J.D. Vance as his running mate. But the MAGA pair is unlikely to disrupt the calculus for an Asia that’s already preparing for the possibility of his victory in November, experts say.
Donald Trump’s choice of Ohio senator J D Vance as his running mate in the presidential election has reignited European fears of American abandonment. Vance is known for his opposition to aid for Ukraine and his almost singular focus on China as the defining security challenge for the United States.
TAIPEI -- Taiwan Semiconductor Manufacturing Co. confirmed on Thursday that it is looking into a radically new type of chip packaging technology for artificial intelligence, but warned that AI chip output will remain constrained until 2025, longer than previously expected.
Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the second quarter, as demand for advanced chips used in AI applications continue to surge.
Donald Trump’s July 17 Bloomberg interview prompted headlines to the effect that “the US would not defend Taiwan from a Chinese invasion under his presidency,” as the Daily Telegraph complained.