What Will Trump 2.0 Mean For US Tech?

IBTimes19:12 ET

US stocks closed: S&P, Nasdaq hit new historical highs again, china assets are on the rise and strong.

1. As the Fed cut interest rates as scheduled, US stocks and treasuries rose in coordination; 2. Chinese concept stocks performed strongly, with the Nasdaq China Golden Dragon Index up 3.5%; 3. Trump Media Technology Group plunged 22%; 4. After releasing financial reports, Qualcomm opened high and then traded low, while Arm opened low and then traded high.

cls.cn17:22 ET

US stock market anomaly | Taiwan Semiconductor (TSM.US) is expected to start mass production of 4nm process in early 2025, with the stock price rising nearly 4%.

On November 7th, the stock price of Taiwan Semiconductor (TSM.US) fluctuated higher, rising by 3.79% to $200.545 at the time of writing.

Zhitong FinanceNov 7 10:22 ET

What Trump's 2024 Election Win Means for Top Asian Companies Like TSMC

Yahoo FinanceNov 7 04:01 ET

Biden is accelerating the reshoring of chip manufacturing before leaving office. Subsidies for Taiwan Semiconductor (TSM.US) and GlobalFoundries (GFS.US) are about to be implemented.

US officials are expected to announce an agreement in the coming weeks; the Biden team is racing against time to complete the subsidy distribution of the "Chip Act".

Zhitong FinanceNov 6 23:19 ET

taiwan semiconductor's CoWoS packaging capacity is in short supply, and the advanced packaging industry remains highly prosperous.

taiwan semiconductor has obtained nvidia's consent to increase prices next year, with the possibility of a maximum 5% price increase for the 3nm process and a price increase of approximately 10% to 20% for CoWoS packaging. citic sec believes that advanced packaging technology has become an important path beyond the 'post-Moore era' and 'Moore's Law'. Focus on manufacturers and assembly and testing companies deploying advanced packaging technology, as well as supply chain related equipment manufacturers.

cls.cnNov 6 18:55 ET