Shares of Taiwan Semiconductor Manufacturing Company — the world's biggest chip supplier — fell as much as 4.3% during the trading day.
A Bloomberg report Wednesday said the Biden administration may be thinking of clamping down on firms exporting their critical chipmaking equipment to China, further inflaming tensions between the two superpowers. "The chip companies have been the darlings of the market. There's digitization in almost everything that we touch. Any sort of tariffs and curbs to trade are going to impact these chip companies. We're seeing it across the globe," said Ayako Yoshioka, senior portfolio manager at Wealth Enhancement Group.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.
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Nvidia rally overnight lifts chip-related stocks in Asia on AI optimismAsia tech stocks in Japan, South Korea and Taiwan climbed on the back of Nvidia becoming the world's most valuable company
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Asia-Pacific markets tumble as chip stocks fall; Nasdaq records its worst day since 2022Japan's trade balance reversed from 1.2 trillion yen deficit in May, or $7.7 billion, to a 224 billion yen surplus.
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Asia-Pacific markets tumble as chip stocks drop, Nasdaq records its worst day since 2022Japan's trade balance reversed from 1.2 trillion yen deficit in May, or $7.7 billion, to a 224 billion yen surplus.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »