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TSM Jun 2024 60.000 put

OPR - OPR Delayed price. Currency in USD
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  • Reuters

    Taiwan appoints senior executive at TSMC supplier as new economy minister

    Taiwan's incoming premier announced on Tuesday he had appointed a senior executive from TSMC supplier Topco Scientific as economy minister, saying he would be tasked with resolving the persistent problem of stable power supplies. Taiwan Semiconductor Manufacturing Co is the world's largest contract chipmaker and the chip industry is the backbone of Taiwan's export-dependent economy. Cho Jung-tai, who will not take over as premier until president-elect Lai Ching-te is inaugurated on May 20, told reporters the chairman of semiconductor material supplier Topco Group, J.W. Kuo, would be the economy minister, replacing Wang Mei-hua, a lawyer by training.

  • Reuters

    TSMC first-quarter profit expected to rise 5% on strong AI chip demand

    Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand. The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC's stock to a record high. TSMC is set to report a net profit of T$217.2 billion ($6.71 billion) for the quarter ended March 31, according to an LSEG SmartEstimate drawn from 22 analysts.

  • Investor's Business Daily

    Dow Jones Futures Rise As Fears Ease Following Iran Drone, Missile Attack

    Dow Jones futures rose Monday after Israel thwarted Iranian drones and missiles. The stock market had sold off Friday on Iran fears.