TSMC Crisis Impacting Asian Stock Market Amid US-China Chip Conflict
Thursday, 18 July 2024, 05:50
The Impact of US-China Chip Conflict on Asian Stock Market
The recent escalation of tensions between the US and China over semiconductor technology has triggered a sharp decline in the Asian stock market.
Taiwan Semiconductor Manufacturing Co (TSMC) Shares Hit Hardest
As a key player in the semiconductor industry, TSMC has suffered a significant loss of approximately T$2 trillion, reflecting the severity of the crisis.
- Market Instability: Heights of uncertainty and market volatility loom over the semiconductor sector.
- Geo-Political Risk: Tensions between major economies pose a fundamental threat to global trade and technology supply chains.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.