TSM tsmc to raise chipmaking prices by up to 10% in 2027: Nikkei
TSM tsmc to raise chipmaking prices by up to 10% in 2027: Nikkei
Story updates
QQQ Nasdaq futures +1.34% or 384 points to 29,163 behind a rally in semis and AI plays such as data center and infrastructure following a surge in Asian markets following positive trade data.
1) Taiwan export orders in June rose 59.4% from a year earlier to $95.26B, the topping analysts' expectations for a gain of 49.5% and marked a 17th straight monthly gain.
2) Also in semis, Nikkei reported that TSM is set to raise prices for both advanced and mature chip production services by up to 10% in 2027.
3) In another semi/AI story, NVDA disclosed a 9.3% passive stake in AI Cloud infrastructure company NBIS as the stake includes Nvidia's earlier $2B investment announced in March, when it held an 8.3% stake.
4) data center plays extend prior day gains after HUT and IREN order news