TSMC Shares Drop Amid US-China Semiconductor Tensions
TSMC shares fell sharply as US regulators revoked export waivers for Chinese operations, injecting fresh uncertainty into global chip supply chains. The 4.78% decline reflects mounting investor concerns over geopolitical risks in the semiconductor sector.
China's retaliatory rare earth export restrictions further complicate the landscape. While TSMC's Nanjing facility represents just 3% of production capacity, the regulatory shift signals escalating tech trade friction between superpowers.
Samsung appears more vulnerable than TSMC given its heavier China exposure. Market attention now turns to upcoming Q3 earnings for clarity on how chipmakers will navigate these crosscurrents.