than analysts had expected exports in july edged up 0.4 percent following 4 months of foals taiwan semiconductor at the world's largest contract chip maker said in july it had already stopped taking new orders from wall way and it does not plan to ship wafers after the middle of this month china is taiwan's largest trading partner taiwanese manufacturers are a key part of the global supply chain for tech giants such as apple that's despite a longstanding political rivalry beijing has failed to take control of taiwan the 2 sides split in 149 following a civil war taiwan trade officials expect the huawei buying spree to continue this month and they reckon exports could rise by up to 4.5 percent. shares in test the plunge tuesday falling more than 20 percent as investors reacted to the company's exclusion from the major stock index the s. and p. $500.00 electric car maker was considered a shoo win for one of 3 bacon spots in the index after finishing the most recent quarter with a profit it would have boosted tesla share purchases given that index tracked funds would be forced to buy the stock tues

exports from taiwan surged in august the boost came from chinese telecoms giant weiwei it's rushing to get in orders to those ruled island semiconductor makers before they have to comply with u.s. curbs that take effect next week. china and taiwan may be bitter rivals but trade across the strait of taiwan has never been better. in august u.s. president donald trump expanded u.s. curbs on huawei and banned suppliers from selling chips made using u.s. tech to the chinese company without a special license this prompted a stampede to stockpile goods before the restrictions come in to the tune of between $1.00 and $2000000000.00. taiwan says exports rose 8.3 percent from a year earlier to just over $31000000000.00 in august that's the highest monthly tally on record and much higher than analysts had expected. exports in july edged up 0.4 percent following 4 months of foals. taiwan semiconductor and the world's largest contract chip maker said in july it had already stopped taking new orders from while away and it does not plan to ship wafers after the middle of this month china is taiwan's largest trading partner taiwanese manufacturers ar

. >> so you're talking about the smh here 13% of the smh is taiwan semiconductor. 23% customer is appley while apple closed low, taiwan's semiconductor closed 3.5% off of its lows can you imagine if that stock had closed down 5 or 6% or so? we would have seen a blood bath in the smh it was interesting to see some relative strength in the largest member of the smh. you have the growth, you have the cyclicality. i think this is a group that obviously signalled the bottom back in march at least as far as tech was concerned but it might also be the one that pulls back and kind of stays back, because some of those large components got very expensive, very ahead of themselves i like taiwan semi that could be a good tell for this group >>> looking for a bright spot in today's sea of red we'll tell you what unlikely group was able to eke out some significant gains today. plus, if you've got questions about how to navigate today's turbulent market, we're here to lp tweet us @cnbcfastmoney. i really need to start adding "less to cart" and "more to savings." sitting on this couch so long made me w

be allowed to be as sophisticated as maybe some of these other companies for example like taiwan semiconductor which is. now not able to to sell their chips to huawei but i think we're going to see that probably restructured quite a bit but the way that they look at it is that it's kind of you know one step back but hopefully a few steps forward in the future now they're just going to try to really organize their entire business not be dependent on us or us cajuns them and if we get a final thought from you before you go i mean how bad is this deepening tech war between the u.s. and china i mean recently we saw a president trying to to talk to basically sell off its u.s. operations because of what he says all security concerns is this all about politics and policing the technology boundaries between both sides. well it is. whoever has the dominant tact they can eventually have a dominant economy in a dominant military so that's technology now is something like oil was during one of the world war 2 era right the world's oil was the lifeblood it was you know you could be argued that the reason w

. >>> shares of taiwan semiconductor have surged nearly 60% over the past three months and bullish optionsare jumping into the name. pete, what are you seeing there? >> it's pretty interesting because the fact if you go back to may, it's a 50-dollar stock you go into july it's in the 60s and now it's been trading in august today they are starting to reach out. very short term. these will expire friday they are buying the september 4 expiring 83 calls. they bought 5,000 of those for approximately 50 cents the stock at the time trading just under 81. it's a very short term trade you have to be very aware of that it's going to work or not. we'll see. i got another one that's short term netflix. netflix is another interesting one. they have continued to buy, buy, buy, buy yesterday they were buying the 550 strike the stock was trading just un r underneath that level. they were buying them for 450, up to 750. they do expire friday. this is very short term. almost like everything we have been seeing recently very short term. >>> walmart and amazon hitting new l meigalti hhs how to play these two

states, it makes sense for us to have a good relationship with taiwan and strategically they're a huge trade partner, they have semiconductor really strategically important for us but china doesn't like this. i think they will continue to bluster about it. i don't think that should deter the trump administration from standing with a small democracy. charles: more recently we're reading about china's navy which caught up quickly, a lot quicker than we thought. they have created militarized man-made islands and their desire to be the strong military force in that region ultimately makes it seem like taiwan is going to have some form of reckoning there. i don't know that relationship we have with taiwan can continue with china's ambitions. >> i certainly think we're seeing some disturbing things. this year we've seen repeatedly chinese fighter planes going into taiwanese airspace. some sort of aggressive moves on china's part. china never really given up on the idea of taking taiwan back but it has been put on hold but i think the potential for even a misunderstanding that sparks conflict, you know, something you can't rule ou

taiwan, the best in two years. the electronics story continues to be quite well with semiconductors demand up.sia looks good. philippines, vietnam, malaysia remain in contraction. we see some signs of further improvement, but you know, nothing to write home about in terms of positivity. they are a, china -- little bit at odds with each other but overall, pretty good news as well especially in the nonmanufacturing side, looking particularly good. that will hopefully percolate throughout asia and the region in terms of helping other economies move forward. how is the data influencing the central banks? what can we expect from the reserve bank of australia in just a short while from now? michelle: they are all still dealing with the dovish fallout -- the fallout from the dovish message from the fed last week and yesterday from vice chairman clara reiterating how the fed will stay lower for longer -- idara data -- clar reiterating how the federal stay lower for longer, set expectations back a little bit on inflation in terms of average inflation targeting. against the backdrop, course, we are look

taiwan and korea, they still remain well-placed. yeary, a five year to 10 gap in terms of technology like the semiconductor companies in china have to catch up but i think in the short-term, we can also see some pressure on all semiconductor companies from some of the sanctions on huawei. i think that will lead to a depression in demand. ofwei could easily be 10% the demand for some of these semiconductors as a percentage of revenue, so i think we could see some pressure from that, but no, i don't see some of the foreign players getting hit too badly from this. are your assumptions about where the u.s. dollar goes from here? that will all dictate the price moves we see across ems. yes, that's a different question to answer. have a forecast and how much it could depreciate. there is more downward pressure on the dollar. we see currencies like the euro, of the, and even some emerging-market currencies in india or in brazil being beneficiaries of this rotation out of the dollar. brazil, howking of are you assessing latin america? we are getting more record numbers when it comes to infections. fitch warning that mexican companies are mo

semiconductor industry? >> very positive. i think there's a lot of value in what i call peripheral asia tech, meaning south korea, taiwan, robotics in japan. china got the message it needs to diversify its supply chains, it cannot rely on the u.s. has much, a lot of trade tensions. china is going to be not only building its own ship industries, but also very much relying on taiwan and south korea and japan for a lot of technology and chips. >> kirk hartman, always appreciate your time. we are hearing from tim cook at the moment speaking on the opening of the atlantic festival, talking about really responding to the anti-competition concerns across big tech, saying apple is not a monopoly, it is very competitive across markets and that companies deserve that scrutiny. this is a narrative we have seen come down from regulators and critics. politicians wanting to break up big tech. also talking about work from home and the impact of the pandemic on the labor force. saying 15% of employees are back in the office and he can't wait for everyone to come back to the office, but has been impressed with apple's ability to work remotely. re