Trump Suggests Taiwan Should Pay for Defense, TSMC Stock Declines
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#28a720f2 ver:0.32
Former President Trump's suggestion that Taiwan should pay for its own defense caused Taiwan Semiconductor Manufacturing Company (TSMC) stock to decline. TSMC, the world's largest contract chipmaker, is investing billions in new factories overseas while maintaining most manufacturing in Taiwan. Trump's statement adds to geopolitical tensions surrounding Taiwan. However, TSMC's positive performance is expected to continue, with a projected 30% rise in Q2 profit driven by surging demand for AI chips. TSMC's success in the semiconductor industry and its contribution to the global chip market position it well for future growth. #TSMC #Taiwan #semiconductors...
#newstr #DonaldTrump #Taiwan #Defense #Tsmc #StockMarket
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