China says TSMC chip curbs undermine interests of Taiwan companies
Portfolio Pulse from
China's Taiwan Affairs Office criticized a U.S. order for TSMC to stop shipping advanced chips to Chinese customers, claiming it undermines Taiwanese companies' interests and increases Taiwan Strait tensions.
November 13, 2024 | 3:00 am
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The U.S. order for TSMC to stop shipping advanced chips to China is seen by China as harmful to Taiwanese companies and increasing regional tensions.
The U.S. order directly affects TSMC's business operations with Chinese customers, potentially impacting revenue and increasing geopolitical tensions, which could lead to negative sentiment around TSMC's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100