Chinese leader Xi Jinping reiterated his pledge to achieve “reunification” with Taiwan on the eve of Communist China’s 75th birthday, as Beijing flexed its military might in the run-up to the national holiday.

Chinese President Xi Jinping has called for the "reunification" of Taiwan with mainland China in a major speech to mark the 75th anniversary of communist China.

Taiwan Semiconductor's advanced technology semiconductor manufacturing leads China by a decade, driven by its 2-nm progress. TSM stock up 0.93% at $175.28.

Taiwans TSMC is maintaining a decade-long lead over Chinas semiconductor industry, according to Taiwans National Science Council chairperson Cheng-Wen Wu. TSMCs upcoming 2-nanometer chips, set for mass production in 2025,

The company's 2nm process could theoretically put it almost a decade ahead of China, according to Taiwan's tech minister.