'U.S. To Extend China Chip Export Waivers For Taiwan, Korea Chipmakers' - Nikkei Asia
Portfolio Pulse from Happy Mohamed
The U.S. has decided to extend its one-year exemption allowing South Korean and Taiwanese chipmakers to continue exporting advanced semiconductor technology and related equipment into China. This move could potentially undermine U.S. efforts to curb China's tech ambitions but is expected to prevent disruption in the global semiconductor supply chain.
August 23, 2023 | 5:43 pm
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POSITIVE IMPACT
The extension of the exemption could benefit Taiwanese chipmakers, potentially leading to a positive impact on EWT.
The extension of the exemption allows Taiwanese chipmakers to continue exporting to China, which could increase their revenues and positively impact EWT.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The extension of the exemption could benefit South Korean chipmakers, potentially leading to a positive impact on EWY.
The extension of the exemption allows South Korean chipmakers to continue exporting to China, which could increase their revenues and positively impact EWY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The extension of the exemption could benefit Chinese tech sector, potentially leading to a positive impact on FXI.
The extension of the exemption allows continued import of advanced semiconductor technology into China, which could benefit the Chinese tech sector and positively impact FXI.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The extension of the exemption could benefit TSM, a Taiwanese chipmaker, potentially leading to a positive impact.
The extension of the exemption allows TSM to continue exporting to China, which could increase its revenues and positively impact its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
The extension of the exemption could potentially undermine U.S. efforts to curb China's tech ambitions, which may have a neutral to negative impact on SPY.
The extension of the exemption could potentially undermine U.S. efforts to curb China's tech ambitions, which may have a neutral to negative impact on SPY.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60