TSMC Crisis Impacting Asian Stock Market Amid US-China Chip Conflict

Thursday, 18 July 2024, 05:50

The escalation of the US-China chip conflict has led to a significant plunge in Asian stocks, with Taiwan Semiconductor Manufacturing Co (TSMC) being one of the worst-hit companies, losing roughly T$2 trillion. The semiconductor industry is facing heightened instability and market volatility as tensions between the two global powers intensify.
Tribune
TSMC Crisis Impacting Asian Stock Market Amid US-China Chip Conflict

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.


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