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Taiwan stocks lower at close of trade; Taiwan Weighted down 4.02%

Taiwan stocks lower at close of trade; Taiwan Weighted down 4.02%

Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Optoelectronic and Electronic Parts/Components sectors led shares lower.At the close in Taiwan, the Taiwan Weighted declined 4.02% to hit a new 52-week low.The best performers of the session on the Taiwan Weighted were AV Tech Corp (TW:8072), which rose 9.91% or 2.85 points to trade at 31.60 at the close. Me ...

2025-04-10 22:04:11
TSMC posts 47% jump in March revenue on strong AI chip demand

TSMC posts 47% jump in March revenue on strong AI chip demand

Investing.com--Taiwan Semiconductor Manufacturing Co (TSMC) (TW:2330) on Thursday posted a sharp jump in March revenues, driven by robust demand for advanced chips and AI-related applications.Revenue for March came in at NT$285.96 billion ($8.71 billion), a 46.5% jump from NT$195.21 billion ($5.94 billion) in the previous year. March revenues were also up 10% from February,For the first quart ...

2025-04-10 22:02:24
LVMH finds making Louis Vuitton bags messy in Texas

LVMH finds making Louis Vuitton bags messy in Texas

By Tassilo Hummel and Waylon CunninghamALVARADO, Texas / PARIS (Reuters) -Six years ago, LVMH’s billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best-known luxury brands.But since the high-profile opening, the factory has faced a host of problems limiting production ...

2025-04-10 22:00:11
Porsche shipped added inventory to US ahead of tariffs, analyst note says

Porsche shipped added inventory to US ahead of tariffs, analyst note says

BERLIN (Reuters) - Porsche has shipped added inventory to the United States to get ahead of tariffs and kept prices constant for orders made in March, executives told analysts and investors in a call on Wednesday, according to a note by Bernstein Research.The luxury carmaker expected an operating margin below its annual guidance of 10-12%, the note said, adding that this margin also did not accoun ...

2025-04-10 21:57:44