Global Chipmakers' Stocks Drop On US Export Restriction Concerns; TSMC Affected By Trump's Taiwan Remarks

This post was originally published on Forbes Middle East

Stocks of global chipmakers, including ASML and Nvidia, fell Wednesday amid reports that the Biden administration is considering regulations to limit exports of essential chipmaking equipment to China, while Taiwan Semiconductor Manufacturing Co (TSMC) shares dropped after Donald Trump suggested Taiwan pay the US for its defense.

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