TAIPEI (Reuters) – Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from surging demand for semiconductors used in artificial intelligence processing. Taiwan Semiconductor Manufacturing (TSMC), the world’s largest

Investing.com– Taiwan Semiconductor Manufacturing Co, also known as TSMC, clocked a stronger-than-expected fourth quarter profit on Thursday, as it continued to benefit from strong artificial intelligence-fueled demand for its advanced chips.   TSMC’s (TW:2330) (NYSE:TSM) net income surged 57% to T$374.68 billion

Investing.com – Australia stocks were higher after the close on Thursday, as gains in the Financials, A-REITs and Gold sectors led shares higher. At the close in Sydney, the S&P/ASX 200 gained 1.38%. The best performers of the session on the S&P/ASX

Investing.com– Hindenburg Research, the U.S.-based short-selling firm known for its scathing reports on major companies, announced its decision to shut down operations amid escalating legal pressures, its founder said on Wednesday. Hindenburg’s founder, Nathan Anderson, stated in a website post the

By John O’Donnell and Victoria Waldersee FRANKFURT/BERLIN (Reuters) – Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen (ETR:VOWG_p)’s sites, a person with knowledge of Chinese government thinking told Reuters. Buying a factory would