The earthquake hit Taiwan's southern Chiayi county at 12.17am local time. According to Taiwan's Central Weather Administration, the epicenter was located 38km (23 miles) southeast of

Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom.

U.S. President Donald Trump announced plans Monday night to impose massive tariffs on Taiwan-made chips in an attempt to incentivize companies to relocate production to the United States. On the one hand,