(Bloomberg) -- Taiwan authorities are considering much stricter export controls on AI chip sales to China to further align with US measures, according to people familiar with the matter, an effort to address semiconductor smuggling that risks drawing a rebuke from Beijing. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeOpenAI Joins a Massiv
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Japan’s Nikkei 225 index topped 68,000 for the first time on Wednesday after U.S. stocks pushed further into record territory. The dollar briefly surpassed 160 Japanese yen before slipping back slightly. Buying of technology shares linked to the boom in artificial intelligence has been driving rallies worldwide.
Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. It topped 66,000 for the first time in intraday trading. Computer chip equipment maker Tokyo Electron's shares jumped 5.9% and testing equipment maker Advantest gained 5.7%.
By Junko Fujita TOKYO, May 27 (Reuters) - Japan's Nikkei share average rose to a record high on Wednesday, as gains in index heavyweight chip-related equities outweighed losses in financials and other
TAIPEI, May 21 (Reuters) - Tokyo Electron's Taiwan unit told Reuters in a written response on Thursday that it respects the judicial process, takes the court ruling seriously and will not appeal in
Investing.com-- Tokyo Electron Ltd. (TYO:8035) shares rose sharply on Friday after the Japanese chipmaking equipment maker forecast above-consensus earnings for the first half of the fiscal year, thanks to outsized AI-fueled demand.
A Taiwanese court on Monday sentenced a former Taiwan Semiconductor Manufacturing employee to 10 years in prison over the theft of trade secrets.
A court in Taiwan sentenced a former employee of Japanese computer chip equipment maker Tokyo Electron to 10 years in prison on Monday in a landmark case over trade secrets of the island’s leading chipmaker TSMC. Tokyo Electron was also fined 150 million new Taiwan dollars ($4.8 million) and four other people were sentenced to up to six years in jail. The heavy sentencing under Taiwan’s national security act and other statutes underscores Taiwan's efforts to protect the self-ruled island’s advanced technology and semiconductor sector, which are vital for its export-oriented economy as artificial intelligence booms.
Earnings per share for the fiscal third quarter were $1.47, besting Wall Street’s consensus estimate of $1.36, and up from $1.04 last year.