Tag: United States
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Trump’s push for American-made AI chips hits TSMC’s margins
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
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Tehran’s Hormuz threat risks global fallout, Rubio warns as U.S. strikes Iran for 11th straight night
His comments come as U.S. Central Command hit Iranian targets for an 11th straight night.
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Wistron shares surge in Taiwan after opening of Texas AI superchip plant to supply Nvidia
Taiwan’s Wistron Corporation opens first U.S. facility in Fort Worth, Texas.
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Hegseth estimates Iran war has cost US$37.5 billion as he defends funding request at fiery hearing
US Republicans are preparing a US$95 billion package to fund the military, along with other White House priorities.
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CNBC Daily Open: AI race, potential tariffs and Middle East conflict continue to heat up
The U.S.-China AI race continues to intensify amid signs that the Trump administration could sanction China over “theft,” while OpenAI ramps up IPO efforts.
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US readies new tariffs as Trump’s 10% global levy to expire
Trump on Tuesday announced a new 100 per cent tariff on imported generic drugs to take effect from August 2028.
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The sell-off in Korean stocks may soon subside. That could be good news for U.S. markets
South Korea’s stock market could be turning around — and some investors expect its U.S. counterpart won’t be far behind.
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Canada evaluating ‘all options’ after fresh US tariffs threat
US President Donald Trump has imposed a 50 per cent tariff on many Canadian goods, with Canadian Prime Minister Mark Carney saying, “the first objective is to get a comprehensive agreement.”
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US trade envoy says acting ‘soon’ on new tariffs as 10% levy to expire
WASHINGTON: US trade envoy Jamieson Greer said on Tuesday (Jul 21) that there would be “action soon” regarding new tariffs on dozens of countries, with President Donald Trump’s temporary global levy due to expire this week.The Trump administration has readied fresh tariffs targeting 60 trading partners over t
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Bessent says U.S. could sanction China over AI model ‘theft’
Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.
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