August 10, 2020 5:30 PM GMT+7

What a difference two months can make. In May, Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest chipmaker, lost the business of Huawei Technologies—its biggest Chinese customer and the source of 13% of its revenue—as a casualty of geopolitical jockeying between superpowers. But TSMC shareholders took the loss in stride. And by late July, after a stumble by rival Intel, TSMC’s stock had risen almost 50% since May, making it one of the world’s 10 most valuable companies.












Deputy Defense Minister Nguyen Chi Vinh and Deputy Assistant Secretary of Defense for South Asia and Southeast Asia Amy Searight co-chair the Vietnam-US Defense Dialogue in Hanoi, October 21, 2014 (Photo: VNA)


