Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to have you here on this Thursday, August 7th. I'm Julie Morgan. No tariffs for TSM or Samsung. The latter snags a deal with Apple, and United faces turbulence from a system failure.

Taiwan's semiconductor manufacturing clenched a record high on Thursday after Taiwan said

its top chip manufacturer will not have to pay a 100% tariff on such imports to the U.S.

Taipei listed TSM jump nearly 5% to 1,181 as of the time of this recording.

President Trump said on Wednesday that he plans to impose a 100% tariff on semiconductor imports

with an exemption for companies that manufacture or commit to manufacturing in the US.

TSM has announced significant investments

in the US recently, including an initial $65 billion

to build three plants in Arizona

and an additional 100 billion US investment in March.

Sticking with the same general topic, Samsung Electronics climbed on Thursday after Apple said it was sourced chips from the company's Texas factory.

Apple said in a statement that it is working with Samsung at its fab in Austin, Texas, to launch an innovative new technology for making chips which has never been

used before anywhere in the world. The statement goes on to say that by bringing this technology

to the U.S. first, this facility will supply chips that optimize power and performance of Apple products,

including iPhone devices shipped all over the world.

If you remember last week, Seeking Alpha told you that Tesla CEO Elon Musk confirmed that

the EV maker has signed a $16.5 billion semiconductor supply deal with Samsung.

In a separate development, South Korea's top envoy said on Thursday that Samsung and

S.K. Heinex will not be subject to 100% U.S. tariffs on chips.

Seoul-listed Samsung shares rose as much as 3.2% to 71,001.

United Airlines said that the issue that led to over 1,000 flights delayed and dozens canceled across U.S.

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