Chips dip on fears of further export controls
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 18 July 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
From the BBC World Service: Despite big profits for chipmakers, the prospect of further curbs on exports of semiconductor technology to China has prompted a major sell-off by investors. Plus, a court in South Korea has ruled same-sex couples should be eligible for the same health insurance benefits as their heterosexual counterparts. And we hear how conflict in Gaza is affecting those who earn a living from the land.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | A surge in sales for the world's biggest manufacturer of semiconductors, but it still couldn't |
| 0:06.3 | swerve the chip dip. |
| 0:08.1 | That's where we're going to start the Marketplace Morning Report from the BBC World Service. |
| 0:11.8 | Will Bain in for Leanna Byrne today. |
| 0:13.7 | Thanks as always for being with us. |
| 0:15.8 | Yeah, the Taiwan Semiconductor Manufacturing Company, better known as T.S. |
| 0:20.3 | M.C. posted blockbuster profits once again this morning. |
| 0:23.2 | The major supplier to the likes of Apple and NVIDIA posted a 36% rise in second quarter net profit |
| 0:29.3 | to 7.6 billion dollars, but even it couldn't dodge the wider hit tech stocks, particularly those in |
| 0:36.0 | semiconductors, felt this week. |
| 0:38.0 | Plenty to unpack for the BBC's Asia Business reporter Nick Marsh. |
| 0:41.3 | Morning Nick. |
| 0:42.3 | Hi, Will. |
| 0:43.0 | Not a surprise, I guess, given we hear about the demand for AI all the time and the chips that power it, |
| 0:49.0 | but even in that context, this was yet again a pretty eye-popping set of results from T.S. |
| 0:54.2 | Yeah really really strong numbers from T.S.C and yeah like you said the reason is |
| 0:59.4 | very simple as AI isn't it? I mean the explosion and investment usage development of |
| 1:04.4 | generative AI, the very advanced chips that you need to power that means that |
| 1:10.4 | CSMC being the leading maker of those chips is in a really excellent position and you know |
| 1:15.5 | we saw in video recently become the most valuable company in the world. |
| 1:19.1 | Invidia designs the chips. |
| 1:20.7 | CSMC actually makes them and it's getting to the point now where a company like |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.