Taiwan-based TSMC, the world's largest computer chip maker, says it plans to increase its capital spending by nearly 40% this year after it reported a 35% jump in its net profit for the latest quarter.

China would need to do more than kill or capture Taiwan’s president, Lai Ching-te, as that would leave intact the rest of the government, which has a clear line of succession. The PLA is thus likely to use decapitation strikes as part of a bigger operation, potentially a full-scale invasion.

The Chinese amphibious assault ship CNS Hainan took part in a war game near Taiwan to simulate the seizure of the island's ports.

More U.S. arms sales to Taiwan are in the pipeline with four deals yet to be notified to Congress, a senior Taiwanese defence official said on Thursday, following the announcement of an $11 billion package last month,

Rep. Gregory Meeks warns China sees opportunity to justify Taiwan aggression by pointing to U.S. military action in Venezuela. House Foreign Affairs Committee members debate differences.

Under the agreement, Taiwan Semiconductor Manufacturing will add new factories to its cluster in Arizona as part of a $250 billion investment in the U.S., the Commerce Department said.

Under the terms of a new U.S. trade deal with Taiwan, companies from Taiwan will invest $250 billion and the island's government will invest another $250 billion to expand semiconductor manufacturing in the United States,

In dollars and cents, TSMC guided investors to expect Q1 revenue of $34.6 billion to $35.8 billion, implying sequential growth of up to 9%. Management says profit margins should be in the 63% to 65% range (gross) and 54% to 56% (operating).