Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Tuesday, September 10th. I'm Julie Morgan.

Taiwan is booming.

Under Armour says 2025 will be more challenging than first thought.

An Uber is laying out its plan which includes going all in on a.

Taiwan's exports rose to a new monthly record high in August.

The artificial intelligence boom continues to fuel demand for semiconductor equipment while exports to China recovered.

Data from Taiwan's finance ministry showed that total exports reached a record 43.64 billion dollars in August, up nearly 17% from a year ago.

Sh shipments to the US rose about 79% to an all-time high of $11.89 billion.

The Ministry attributed the record levels to strong business for AI

and high performance computing,

as well as new machine stocking and shipment delays in July due to a typhoon.

Taiwan's exports to China, its largest trading partner, edged up 1% year over year to

13.11 billion in August, compared to July's 13.5% decline.

The Finance Ministry expects total exports to steadily advance in the second half of the year,

helped by the peak export season and continued AI-related demand.

Taiwan's semi-conductor manufacturing, Taiwan's largest company and the world's biggest

contract chipmaker counts Apple and Invidia as its top customers among other

tech players. Under Armour on Monday updated its 2025 restructuring plan and slashed its fiscal 2025

outlook as a result. The company had previously expected to incur pre-tax restructuring and related charges of approximately 70 to 90 million dollars.

However, on further evaluation, the company identified 70 million dollars of charges related to its exit from its primary distribution facility in California.

As a result, Under Armour now expects approximately 140 to 160 million dollars of

...