Taiwan Semiconductor Manufacturing faces further controls on its business with China but looks to be making progress on U.S. chip production.

Taiwan has officially placed two of China’s most prominent technology firms, Huawei and Semiconductor Manufacturing International Corporation (SMIC) on its strategic export control list.

We recently published a list of Jim Cramer Wants US To Be “As Good As” Europe & Discusses These 12 Stocks. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against other stocks that Jim Cramer discusses.

Taiwan’s central bank is set to maintain its benchmark interest rate at 2%, opting to hold fire on rate cuts this week and through the first quarter of next year. This comes amid a boom in tech-driven exports and stable economic indicators.

June 16 (UPI) -- China's tech company Huawei and SMIC, a contract chip manufacturer, have been added to Taiwan's trade blacklist. Taiwan put both of these companies on its strategic high-tech commodities entry list. Huawei and SMIC will now need to get export permits from suppliers in Taiwan to receive manufactured goods.

It looks like Huawei and SMIC will have a tougher time producing their chips as TSMC places them on its export restriction list.

On inflation, Taiwan's consumer price index (CPI) rose by a lower-than-forecast 1.55% in May, its lowest level in more than four years. The central bank, which considers 2% its "warning" line, has made easing inflation a priority.

Northwest Phoenix is seeing a surge of multicultural development clustering around the Taiwan Semiconductor Manufacturing Co. complex.

Taiwan Semiconductor Manufacturing Co. (TSMC) has further solidified its dominance in the global pure-play wafer foundry market, growing its market share to 67.6 per cent in the first quarter of this year,