TAIPEI, Aug 12- Taiwan stocks rose on Friday as market sentiment was bolstered by a rally on Wall Street overnight, with heavyweight Taiwan Semiconductor Manufacturing Co leading the gains. Hon Hai Precision Industry, the world's biggest electronics component maker, fell as much as 3.6 percent to a three-week intraday low after it said China had approved its...
TAIPEI, Aug 11- Taiwan stocks retreated from a more than one-year high on Thursday, as heavyweight TSMC, the world's biggest contract chipmaker, posted a 5.6 percent fall in July sales from a year earlier. As of 0312 GMT, the main TAIEX index was down 1.3 percent at 9,079.59, pulling back from its highest intraday level since July 2015 in the prior session.
Morgan Stanley recommends microcontroller semiconductor stocks to ride the "internet of things" trend.
TAIPEI, Aug 5- Taiwan stocks rose on Friday, in line with some other Asian markets, after the Bank of England launched a potent post-Brexit stimulus campaign, with TSMC leading technology shares higher. As of 0150 GMT, the main TAIEX index rose 0.77 percent, to 9,093.85, after closing at 9,024.71 in the previous session. The Taiwan dollar firmed T $0.039 to T $31.671...
TAIPEI, Aug 4- Taiwan stocks rose slightly in cautious trading on Thursday, paced by gains in tech heavyweights including Taiwan Semiconductor Manufacturing Co Ltd. As of 0332 GMT, the main TAIEX index was up 0.1 percent at 9,006.95, after closing 0.74 percent lower in the previous session. The Taiwan dollar firmed T $0.049 to T $31.701 per U.S. dollar.
Shares of Amkor Technology popped 15 percent on Tuesday as demand for Android phones boosted the semiconductor company's earnings.
TAIPEI, Aug 1- Taiwan stocks rose on Monday, with heavyweight TSMC leading technology shares higher. As of 0246 GMT, the main TAIEX index rose 0.8 percent to 9,056.85, outpacing some other regional bourses. The Taiwan dollar firmed T $0.15 to T $31.776 per U.S. dollar.
TAIPEI, July 29- Taiwan stocks fell on Friday as declines in other Asian markets dented investor sentiment, with technology and banks leading the fall. Japan's Nikkei slipped 0.4 percent and looked set for a 1.3 percent weekly drop, while China's Shanghai Composite Index was trading 0.3 percent lower. MSCI's broadest index of Asia-Pacific shares outside Japan...
TAIPEI, July 27- Taiwan stocks rose on Wednesday, led by gains in TSMC, Hon Hai Precision and other Apple Inc suppliers after the U.S. company sold more iPhones than expected in the third quarter. Hon Hai rose 0.7 percent and Largan Precision climbed 1.6 percent. The Taiwan dollar softened T $0.054 to T $32.160 per U.S. dollar.
Shares of Micron jumped 6 percent on Monday after the company filed a new shareholder rights plan.
TAIPEI, July 25- Taiwan stocks retreated from more-than-one-year highs on Monday as investors took profits on recent winners such as Taiwan Semiconductor Manufacturing Co. As of 0258 GMT, the main index fell 0.6 percent at 8,954.58 points. It reached as high as 9,085.91 earlier in the session, an intraday level not seen since July 2015.
Qualcomm CEO Steve Mollenkopf discusses his company's earnings beat, his positive view of the partnership between SoftBank and ARM Holdings, and the outlook for smartphone innovation.
Wall Street set to follow suit. Wall Street looked set to open higher, according to index futures. The tech sector has been in focus this week since Japan's Softbank agreed to buy Britain's chip designer ARM for $32 billion.
Carter Worth, Cornerstone Macro, goes to the charts to see which names in the semiconductor space could be set for a breakout.
So just what will SoftBank do with ARM? It's likely to be business as usual, for now. Recode reports.
CNBC's Bertha Coombs reports on the week's action over at the Nasdaq and looks ahead to tech earnings next week.
TAIPEI, July 15- Taiwan stocks rose to a one-year high on Friday as investor sentiment was bolstered by record highs on Wall Street.. As of 0214 GMT, the main TAIEX index was up 0.8 percent at 8,937.05, a level not seen since July 2015. The Taiwan dollar firmed T $0.133 to T $31.940 per U.S. dollar, its strongest level since August 2015.
CNBC's Bertha Coombs reports on the action at the Nasdaq including new highs for the semiconductor sector.
FRANKFURT, July 14- German chipmaker Infineon Technologies has agreed to buy Wolfspeed Power and RF for $850 million from U.S. company Cree, betting on new energy efficient chips it expects will dominate the market in the next decade. These silicon carbide chips are expected to gradually replace conventional chips in the coming years and will be in demand for...
BRIEF-TSMC GUIDES Q3 REVENUE T $254 BLN-T $257 BLN, 2016 CAPEX. July 14- Taiwan Semiconductor Manufacturing Co Ltd. *Guides 2016 capex slightly higher $9.5 bln- $10.5 bln.