17. Juli 2024 um 14:59
Chip stocks, including ASML, Nvidia, AMD, Qualcomm, Arm, and TSMC, experienced a significant decline due to reports of impending US export restrictions to China. This decline in sales to China impacted US chipmakers, while generative AI and hardware drove rallies. Despite the sell-off, ASML managed to beat Q2 estimates. TSMC continued to dominate the market for advanced chips used in AI, smartphones, and fighter jets. Concerns over potential conflict were amplified by President Trump's comments regarding Taiwan. ASML's outlook was clouded by the risk of more severe US curbs, and the company confirmed flat 2023 sales before anticipating strong growth in 2025. The market also saw the slumping of Dow Jones futures and the decline of tech stocks like Apple, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The global chip industry is facing shockwaves due to geopolitical tensions, with TSMC dealing with market volatility and investor anxiety. To mitigate risks, companies like TSMC must diversify supply chains and engage with policymakers. The stability and growth of the semiconductor sector depend on unity and strategic foresight from industry leaders and global stakeholders.