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Taiwan Semiconductor received permits for new A14 chip plant, expected to start construction by year-end and invest $49 billion.
Markets surge on optimism for US-China trade truce extension as Asian and US stocks rally, fueled by upcoming summit.
Taiwan Semiconductor Manufacturing Co stands at the heart of global chip production, powering US tech giants and fueling growth.
Intel announced an earnings beat, spiking its stock 8% and reigniting interest in semiconductor exchange-traded funds.