Taiwan Semiconductor Controls 72% of the Global Chip Market, and the Stock Could Surge in 2026 The Globe and Mail

Good morning, and welcome back. We begin today with a look at Australia’s pension industry, which is undergoing a dramatic reshaping . Assets are on track to reach A$5.7 trillion by the end of the decade, while consolidation is rapidly shrinking the number of funds, according to a new study from Mercer. The sector is expected to contract from about 75 funds today to roughly 45 by 2030, falling further to around 30 by 2035. By 2050, just 20 funds could dominate the landscape, controlling an estimated A$15 trillion. As investment returns fuel growth, Mercer expects the average fund to quadruple in size, reaching A$161 billion by 2035. - Ainsley Thomson, Wellington Bureau Chief What’s happening now Qantas fuel supplies are assured well into next month , according to an internal memo from Chief Executive Officer Vanessa Hudson, as the airline attempts to ease concerns about potential shortages stemming from the Iran War. “We have not had to cancel a single flight due to fuel supply concerns,” Hudson said in the note, adding that the airline is in regular contact with the government and fuel suppliers. Across the Tasman, New Zealand’s credit rating outlook was cut to negative by Fitch Ratings on concern it will take longer than expected to rein in government debt. Government debt will rise to 56% of gross domestic product in the fiscal year ending June 2027, and only return to 2025 levels by the end of the decade, Fitch said. The country’s bond yields rose to the highest in about a year, while the Kiwi dollar slipped 0.3% to 58.16 US cents amid a broadly stronger greenback. Australia led the charge on banning children under 16 from social media platforms, and now much of the Asia-Pacific region — with its young, tech-savvy markets — is eager to follow, writes Catherine Thorbecke in Bloomberg Opinion. Still, the enforceability debate can sometimes feel like a sideshow . Society doesn’t protect children with thresholds alone. What happened overnight US President Donald Tru...

加航客機降落美國紐約機場與消防車相撞 據報有人受傷 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】加拿大航空快運一架客機降落美國紐約拉瓜迪亞機場時據報與消防車相撞，有人受傷。 網上流傳片段，客機機尾著地，機頭位置疑似嚴重損毀，有多架消防車到場戒備。出事的加航快運客機編號AC8646，屬龐巴迪CRJ-900型號，大約可載70多名乘客。客機周日晚由加拿大蒙特利爾飛往紐約，據報降落後撞向一輛試圖駛過跑道的消防車，機場暫時關閉。

Good morning . Trump gives Iran a 48-hour ultimatum to reopen the Strait of Hormuz. Apple plays nice in Beijing as pressure mounts. And Netflix doubles down on live events with a BTS comeback spectacle. Listen to the day’s top stories . Donald Trump gave Iran a two-day deadline Saturday to reopen the Strait of Hormuz or have its power plants bombed. The Islamic Republic countered that it would close the waterway “completely” if its facilities do come under attack. Treasury Secretary Scott Bessent told NBC’s Meet the Press the president will “ take whatever steps it takes ” to achieve his stated goals. Two Iranian ballistic missiles evaded Israeli air defenses, injuring 115 people , according to authorities. Tehran’s attempted strike on the US-UK military base on Diego Garcia showed weapons capabilities beyond what Iran was known to possess , a person familiar with the matter said. Chinese leaders delivered contrasting views of the country’s record $1.2 trillion trade surplus at the China Development Forum in Beijing on Sunday, with Premier Li Qiang vowing to address the widening gap while the central bank governor defended it as underpinning global economic growth. Chinese Vice Commerce Minister Ling Ji urged the CEO of UAE’s Al-Futtaim Group to seize growth opportunities in China’s economy amid global volatility. South Korea nominated Shin Hyun Song, a senior Bank for International Settlements official, as its next central bank governor . Shin, who will succeed Rhee Chang Yong after April 20, faces monetary policy challenges amid growing uncertainty from the Iran conflict. If confirmed, he will chair the May meeting and shape policy through 2030 . Sinopec reported a steeper-than-expected 34% drop in profit to 32.5 billion yuan ($4.7 billion) for 2025 as fuel demand weakened and petrochemical margins were squeezed . The slump reflects challenges for China’s biggest oil refiner—officially known as China Petroleum & Chemical Corp.—as the country advances its renewable...

With the conclusion of China’s parliamentary “two sessions” , the approval of the 2026 government work report and 15th five-year plan – together with the foreign minister’s press conference – has sent a clear signal of China pursuing steady and quality-driven growth while projecting a firm and timely voice on the world stage. In the work report , Premier Li Qiang noted that China’s gross domestic product grew by 5 per cent last year, surpassing 140 trillion yuan (US$20.3 trillion). This year’s growth target has been set in the range of 4.5-5 per cent. Li’s emphasis that we will “strive for better results in practice” is to align with the goal of doubling the 2020 per capita GDP and realising the medium- to long-term economic potential. The shift to a target range reflects strategic flexibility – a pragmatic approach that balances ambition with stability. On one hand, it allows room for structural adjustments, risk prevention and reforms. On the other, the goal is firmly within China’s growth potential and among the highest of the major economies, a positive signal for the global economy. Advertisement What will China do in the next five years, and how? The five-year plan provides clear answers. On innovation: research and development spending is set to grow by over 7 per cent annually, with the digital economy’s core industries targeted to make up 12.5 per cent of GDP. On the environment: a 17 per cent cut in carbon emissions per unit of GDP, backed by a new national low-carbon transition fund. On food and energy security: grain production capacity is set to stabilise at around 725 million tonnes, and energy production capacity at 5.8 billion tonnes of standard coal. And on people’s well-being: the goal is to raise average education levels for the working-age population to 11.7 years, and life expectancy to 80 Advertisement

The Socialist Emmanuel Grégoire was on track to be elected mayor of Paris on Sunday night, roundly beating the former rightwing minister Rachida Dati, early projections showed. Grégoire, a Socialist MP with a long track record at city hall, was running for a united left including the Greens. He was projected to have won with about 53%. This would mark a clear win against Dati, who served in government under Emmanuel Macron and Nicolas Sarkozy and had sought to win the French capital for the right after 25 years governed by the left. In France’s second city, Marseille, projections indicated that the mayor, Benoît Payan, had won with his leftwing coalition including the Socialists and the Greens – holding back a rise of the National Rally (RN), Marine Le Pen’s far-right anti-immigration party, in the city. Elsewhere, the former prime minister Édouard Philippe is now expected to kickstart his centre-right candidacy for the French presidency next year after being re-elected as mayor of the northern port town of Le Havre. Philippe was prime minister during Macron’s first term in office, including during the start of the Covid pandemic. He has been building up for more than a year to run for president in 2027, when Macron’s two terms as president come to an end and it is uncertain who will head Europe’s second-largest economy. As the only presidential hopeful running in the municipal elections, Philippe won with more than 47% in a town he has run since 2010, and is now expected to use the win to accelerate his presidential campaign. But he faces other potential candidates on a crowded centre right, including the justice minister, Gérald Darmanin, and the former prime minister Gabriel Attal, who heads Macron’s centrist Renaissance party. Philippe said in a speech at Le Havre town hall that he had learned lessons from the campaign in Le Havre, including that people had a “huge wish” for security and tranquility, social justice as well as “plain justice”. Philippe beat two o...

Taiwan Semiconductor Controls 72% of the Global Chip Market, and the Stock Could Surge in 2026 AOL.com

格隆汇3月23日｜美国国务院建议全球范围内的美国公民提高安全警惕。

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Key Points Taiwan Semiconductor controls 72% of the semiconductor foundry market. It produces chips for every major chip designer from Apple to Nvidia. The company is demonstrating incredible growth with even more projected through the end of the decade. 10 stocks we like better than Taiwan Semiconductor Manufacturing › The semiconductor industry is one of most important in the world. Virtually all modern technology relies on semiconductors in some way shape or form, from the device you're reading this on to the most sophisticated supercomputers in the world. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Semiconductors are the reason the iPhone in your pocket has millions of times the computational horsepower in it than NASA had when it put men on the moon. And the majority of these chips, about 60% of the world's supply, are produced in Taiwan by a single company, Taiwan Semiconductor Manufacturing (NYSE: TSM). That company is also the reason 90% of the most advanced semiconductor chips are also made in Taiwan. The invisible monopoly In all, Taiwan Semiconductor has a near-monopoly in the semiconductor market. It controls 72% of the pure foundry market as of the end of Q3 2025. Its nearest competitor is Samsung (OTC: SSNL.F) with a paltry 7% market share. But the reason it flies under the radar is the fact that Taiwan Semiconductor is a pure foundry company. It doesn't design any of the chips it produces. All it does is provide the raw manufacturing base needed by the companies that do design chips. And the company's list of clients includes every major chip designer in the world. Taiwan Semiconductor's two biggest customers are Apple and Nvidia. However, it also produces chips for Advanced Micro Devices, Broadcom, Intel, Qualcomm, and many more. So, if it just produces chips, how does it have ...

The semiconductor industry is one of most important in the world. Virtually all modern technology relies on semiconductors in some way shape or form, from the device you're reading this on to the most sophisticated supercomputers in the world. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Semiconductors are the reason the iPhone in your pocket has millions of times the computational horsepower in it than NASA had when it put men on the moon. And the majority of these chips, about 60% of the world's supply, are produced in Taiwan by a single company, Taiwan Semiconductor Manufacturing (NYSE: TSM). That company is also the reason 90% of the most advanced semiconductor chips are also made in Taiwan. Image source: Getty Images. The invisible monopoly In all, Taiwan Semiconductor has a near-monopoly in the semiconductor market. It controls 72% of the pure foundry market as of the end of Q3 2025. Its nearest competitor is Samsung (OTC: SSNL.F) with a paltry 7% market share. But the reason it flies under the radar is the fact that Taiwan Semiconductor is a pure foundry company. It doesn't design any of the chips it produces. All it does is provide the raw manufacturing base needed by the companies that do design chips. And the company's list of clients includes every major chip designer in the world. Taiwan Semiconductor's two biggest customers are Apple and Nvidia. However, it also produces chips for Advanced Micro Devices, Broadcom, Intel, Qualcomm, and many more. So, if it just produces chips, how does it have such a stranglehold on the market? Couldn't those chip designers go to someone else or, better yet, build their own manufacturing base? An unassailable fortress They could, but semiconductor factories are incredibly expensive. The extreme ultraviolet (EUV) lithography machines needed to make a...

Taiwan Semiconductor Controls 72% of the Global Chip Market, and the Stock Could Surge in 2026 finance.yahoo.com

Taiwan Semiconductor Controls 72% of the Global Chip Market, and the Stock Could Surge in 2026 The Globe and Mail

德甲｜緬恩斯2比1法蘭克福 【有線新聞】德甲，緬恩斯主場2比1擊敗法蘭克福。 紅衫的緬恩斯這場關鍵勝利，進一步遠離降班區，6分鐘有個好開始，保羅尼比起腳被守衛閂到，反而笠死門將。20分鐘守不住尼敦布朗，被他接應傳中撞入，半場追成1比1。緬恩斯只得30%控球率，反擊幾乎得手，舒列度碧克射中遠柱。踢到89分鐘終於全取3分，韋伯近門頭槌被撲，保羅尼比補中，贏2比1，升上第11位，跟「尾三」的聖保利拉開6分差距。

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港隊張家朗花劍大獎賽利馬站奪銅 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】花劍大獎賽利馬站，港隊的張家朗獲得銅牌。 張家朗八強以15比13淘汰世界第1的隊友蔡俊彥，四強面對基爾保路達捷夫輸3比15，不設季軍戰下連續兩站取得銅牌。今站6位香港劍手在正賽角逐，17歲小將何承謙有驚喜表現，八強15比14險勝前「一哥」意大利的馬連尼，寫下成人組最佳成績。

中國駐以色列大使館再次提醒中國公民撤離 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中國駐以色列大使館再次提醒在當地的中國公民轉移撤離。 使館發文稱，中東安全形勢持續惡化。以色列遭受導彈、無人機襲擊的範圍、頻密度和激烈程度進一步增加，不斷發生人員傷亡和財產損失事件，使館提醒中國公民不要心存僥幸，盡快回國或轉移撤離至安全地區，遠離機場、港口、電站等重要基礎設施和軍事敏感機構。 使館將在周三再組織一批包括港澳台的中國公民通過埃及塔巴口岸離開以色列。

格隆汇3月23日｜当地时间22日晚间，黎巴嫩真主党发表声明称，当天18时10分，黎真主党向以色列北部发射火箭弹，击中了梅隆空军作战和控制基地。此外，声明称，18时30分，该组织武装人员用无人机袭击了以色列北部上加利利的拉莫特纳夫塔利一个军营。19时30分，黎真主党再次向以色列北部发射一系列火箭弹。

For Arteta, it did not enter his mind to not play Kepa in the final. The Arsenal manager said it would have been "very unfair" if he had not stuck with the Spain international, who had played every round of the cup competition before the final, and said he accepts the scrutiny coming his way. "I understand that, but I have to do what I feel is right, which is honest and which is fair," Arteta said. "And I think we have an understanding keeper in Kepa - he's played all the competition and I think it would have been very, very unfair for him and for the team to do something different." The former Chelsea goalkeeper signed for the Gunners in the summer to compete with first choice David Raya. Raya has 15 clean sheets in the Premier League, the most in the division, and has produced some standout saves during this campaign as Arsenal look to end their wait for a trophy. And Arteta says that despite Kepa's limited game time this season he did not guarantee that the goalkeeper would play in Arsenal's cup fixtures. "I can never promise a player to play certain competitions, because at the end they have to earn it and they have to do enough like any other position," he said. "We are guided by what we've seen and what he's done in the competition, and he helped us to go all the way through here. "I believe it's the right thing to do and that's it. Errors are part of football and today it happened unfortunately in a crucial moment." The EFL Cup brings bad memories for Kepa Arrizabalaga. The keeper has now lost all three of the finals he has played in the competition. When playing for Chelsea in 2019 he refused to be substituted with the game heading to penalties, in 2022 he put his penalty over the crossbar as Chelsea lost to Liverpool in the shootout - and his error in this year's final handed the lead to City. "I would never have started Kepa today," European football expert Julien Laurens told BBC Radio 5 Live. "In a final like this, at this moment in the Arsenal project, ...

Ukrainian and US delegations concluded a second day of talks in Florida on finding ways to end the four-year war with Russia, President Volodymyr Zelensky said on Sunday. Russian representatives were not present at the talks, which opened in Florida on ‌Saturday. They were originally expected to attend the negotiations, which were expected to take place in Abu Dhabi. The US team is led by special envoy Steve Witkoff and Jared Kushner, US President Donald Trump’s son-in-law. “It is clear that the US side’s attention at the moment is focused primarily on the situation surrounding Iran and the wider region but Russia’s war against Ukraine must also be brought to an end,” Zelensky said in an evening address. Advertisement “There ⁠are indications that further [prisoner of war] exchanges may take place, which would indeed be very good news and confirmation that ‌diplomacy is working. We hope this will come to fruition,” he added. Zelensky did not specify whether the talks would continue, when or where they might take place, or in what format. Advertisement Earlier ‌on Sunday he urged allies to keep up sanctions pressure on Russia and called for tougher action ⁠against Russia’s so-called shadow fleet ⁠of tankers used to avoid sanctions, and for Moscow to be denied oil revenues. “Russia’s shadow fleet must not feel safe in European waters or anywhere ‌else. Tankers that serve the war budget can and must be stopped and blocked, not just let go,” he added.

【有線新聞】中央電視台記者揭發內地水產市場為方便運輸，竟以人為方法令活魚「休眠」，他們在養魚的水中加入的麻醉劑和工業酒精，會損害人體，市監局收到舉報後即時展開執法巡查。 央視記者在重慶一個大型水產市場發現不少活魚到貨時呈現「休眠」狀態。重慶樂邦水產市場商戶：「（這魚是不是死了？）沒死，活的。（怎麽不動了？）牠在睡覺。」在運輸過程中，記者看到有工人拿著寫著「魚護寶」，即含有丁香酚的魚用安定劑的瓶子，把液體加入養魚的水桶內，攪拌一番後，水桶內的魚便立即安靜癱瘓。重慶樂邦水產市場商戶：「（甚麼時候魚能醒呀？）你回去用清水就醒了，用不了好久就醒了。」經換水和打氧，大約一小時後，被麻醉的魚才重新活動。 在山東臨沂的海鮮批發市場亦有工人使用麻醉劑，有商戶甚至加入工業酒精，令麻醉劑更快見效。山東強盛海鮮批發市場商戶：「（這個魚麻完了以後，多長時間能煮能吃，能上飯館？）沒有毒隨時都可以吃。（隨時都可以吃？）對，綠色的。」工業酒精含有劇毒甲醇直接食用可導致失明和器官損傷，過量服食可致死，內地明文禁止用於食品加工環節。至於丁香酚雖然不屬於禁用名單，但長期大量使用可能損害肝腎功能，亦要避免與抗凝血藥、鎮靜劑等同時使用。 有食肆員工即使知道活魚被加入麻醉劑仍視而不見。烤魚店員工：「當天就賣完了，不養。（但問題是那個麻藥它要代謝。）你覺得不放心你就不吃就行了。」 央視節目組把調查取證材料移交至國家市場監督管理局，當局指對事件高度重視，迅速研判及統籌部署，組織執法人員展開突擊檢查，在水產市場搜出大批丁香酚和工業酒精，將繼續跟進調查，並把在現場抽取的樣本送到實驗室作進一步檢驗。

Taiwan Semiconductor Controls 72% of the Global Chip Market, and the Stock Could Surge in 2026 The Motley Fool

格隆汇3月23日｜汇市盘初，澳元兑美元AUD/USD、英镑兑美元GBP/USD和欧元兑美元EUR/USD均跌约0.3%，美元兑瑞郎USD/CHF和美元兑日元USD/JPY基本持平。

【有線新聞】中東局勢導致國際油價上升，環境及生態局下月起將會每周公布本地燃油及國際成品油價變動，有學者贊同做法，又指政府可考慮日後在油站批地增加條款。 政府下月起每星期公布國際成品油及油公司提供折扣後的售價，讓司機可以比較。有學者認為，本港油價有加快減慢問題，公布走勢有助提升價格透明度。團結香港基金綠色及可持續發展研究主管蕭逸駒：「很多時坊間都是整批油買入，突然的價格轉變未必即時反映到，有時又會看到升得很快，如果一批購入，回落的時候應該可以調整相應速度，覺得值得政府有所行動。提高透明度可以幫助第一步，之後要更闊地看，例如是否產品太單一，未來向油站批地時會否除了價高者得外，有另外其他條款可以加入。」 油價上升，運輸成本都會增加，日用品進口或會受影響，有議員相信零售商在兩、三個月內不會加價，但長遠要視乎中東局勢。批發及零售界（自由黨）邵家輝：「零售商不會想短時間內轉嫁消費者，現時戰況都是首個月，商家準備貨物，入口商不會昨天才運送過來，至少安排兩、三個月貨期。現在賣的是之前的貨，之後的貨品可能有機會加價，但他們不想在現在的經濟環境下這麽快在市場反映。」 邵家輝指石油副產品在營運及運輸成本都增加情況下，相關產品加價機會高，預計可能會帶動通脹。

The semiconductor industry is one of most important in the world. Virtually all modern technology relies on semiconductors in some way shape or form, from the device you're reading this on to the most sophisticated supercomputers in the world. Semiconductors are the reason the iPhone in your pocket has millions of times the computational horsepower in it than NASA had when it put men on the moon. And the majority of these chips, about 60% of the world's supply, are produced in Taiwan by a single company, Taiwan Semiconductor Manufacturing (TSM 2.79%). That company is also the reason 90% of the most advanced semiconductor chips are also made in Taiwan. The invisible monopoly In all, Taiwan Semiconductor has a near-monopoly in the semiconductor market. It controls 72% of the pure foundry market as of the end of Q3 2025. Its nearest competitor is Samsung (SSNL.F 2.79%) with a paltry 7% market share. But the reason it flies under the radar is the fact that Taiwan Semiconductor is a pure foundry company. It doesn't design any of the chips it produces. All it does is provide the raw manufacturing base needed by the companies that do design chips. And the company's list of clients includes every major chip designer in the world. Taiwan Semiconductor's two biggest customers are Apple and Nvidia. However, it also produces chips for Advanced Micro Devices, Broadcom, Intel, Qualcomm, and many more. So, if it just produces chips, how does it have such a stranglehold on the market? Couldn't those chip designers go to someone else or, better yet, build their own manufacturing base? Expand NYSE : TSM Taiwan Semiconductor Manufacturing Today's Change ( -2.79 %) $ -9.46 Current Price $ 329.33 Key Data Points Market Cap $1.7T Day's Range $ 325.90 - $ 337.49 52wk Range $ 134.25 - $ 390.20 Volume 660K Avg Vol 13M Gross Margin 58.73 % Dividend Yield 1.02 % An unassailable fortress They could, but semiconductor factories are incredibly expensive. The extreme ultraviolet (EUV) lithography...

格隆汇3月23日｜消息人士称，因伊朗局势紧张，沙特阿美CEO阿明·纳赛尔取消赴美参加CERAWeek会议行程。而科威特石油公司CEO萨巴赫将以线上形式出席该活动。

格隆汇3月23日｜特朗普此前向伊朗发出48小时最后通牒，要求立即重新开放霍尔木兹海峡，否则可能面临对伊朗电力基础设施的打击。这一期限将于美东时间周一晚间（北京时间周二早间）到期，使市场高度警惕事态进一步发展。伊朗以严厉警告回应，称美国任何袭击都将引发针对海湾地区美以关联能源设施的广泛报复行动。官员们还表示，霍尔木兹海峡可能无限期关闭，这增加了全球石油运输出现严重且长期中断的风险。分析人士称，当前对峙标志着冲突显著升级，双方似乎都愿意加大赌注而非缓和局势。这场对峙为能源市场注入了新的地缘政治风险，随着最后期限临近，交易员们正为进一步波动做准备。

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