Asia chip stocks tumble amid news the U.S. may consider trade curbs

Posted under: AI technologies
Date: 2024-07-22
Asia chip stocks tumble amid news the U.S. may consider trade curbs

Chip stocks in Asia fell sharply after a tech selloff on Wall Street. The drop followed reports that the U.S. may tighten export restrictions to China. Taiwan Semiconductor Manufacturing Company, Tokyo Electron, and other chip-related stocks saw significant declines. Concerns over U.S.-China tensions and potential tariffs impacted the market, but long-term investment opportunities remain, especially in AI technology.

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