Reported about 1 year ago
Financial markets globally are undergoing significant changes as reported by Sanli News on June 14, 2024. TSMC's ADR has surged to $174.07, with a market value of $896.85 billion, surpassing Berkshire Hathaway A-shares to become the world's eighth-largest company by market value. Xie Jinheng points out the shift in economic power between Taiwan and China, highlighting Taiwan's growing strength in the tech industry and how China, despite its efforts, cannot undermine Taiwan. He further discusses the importance of Taiwan in global markets, especially with recent announcements from major tech companies like Microsoft, Google, and Amazon establishing data centers powered by green energy in Taiwan, emphasizing Taiwan's significance on the global stage.
Source: YAHOO