Tech Turmoil: Chip Stocks Plunge Amid China Trade Woes and Trump’s Taiwan Remarks, TSMC Takes a Hit

Jul 21, 2024 · 7m 15s
Tech Turmoil: Chip Stocks Plunge Amid China Trade Woes and Trump’s Taiwan Remarks, TSMC Takes a Hit
Description
Chip stocks shed $480 billion in market value amid concerns over China trade relations and comments from former President Trump regarding Taiwan. Despite raising its 2024 revenue forecast, TSMC shares declined nearly 2%.
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Author Spod Media LLC
Organization Spod Media
Website -
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