TSMC Stock Holds Steady Amid U.S. Export Control Shifts
Taiwan Semiconductor Manufacturing Company (TSMC) shares edged 1.13% higher to $230.98 Wednesday, demonstrating resilience as Washington moves to terminate its China export waiver. The validated end-user (VEU) exemption, which facilitated equipment shipments to TSMC's Nanjing facility, will expire December 31, 2025—forcing the chipmaker to navigate individual licensing requirements thereafter.
Analysts anticipate administrative bottlenecks and elevated compliance costs for semiconductor firms operating in China, mirroring restrictions already imposed on Samsung and SK Hynix. Yet TSMC's stock stability underscores market conviction in its unassailable position within advanced chip fabrication—a sector increasingly viewed through geopolitical lenses.
