Transcribed
Chip Wars: ASML's Rollercoaster and a $480 Billion Shakeup Over China Trade Fears
Jul 19, 2024 ·
6m 43s
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Chip Wars: ASML's Rollercoaster and a $480 Billion Shakeup Over China Trade Fears
This is an automatically generated transcript. Please note that complete accuracy is not guaranteed.
Description
Chip stocks have experienced a significant decline, losing $480 billion in value due to concerns over U.S.-China trade relations and recent comments by former President Trump regarding Taiwan. Although ASML's...
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Chip stocks have experienced a significant decline, losing $480 billion in value due to concerns over U.S.-China trade relations and recent comments by former President Trump regarding Taiwan. Although ASML's stock saw a 49% increase in 2024, it faced downward pressure amid fears of potential Chinese export restrictions.
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