Semiconductors are the backbone of our tech-driven world, powering everything from smartphones and computers to data centers, automotive systems, and consumer electronics.
However, recent headlines about the Biden administration’s potential export restrictions on critical chipmaking equipment to China have created a ripple of uncertainty for major players in the industry. Plus, former President Trump’s comments suggesting that Taiwan should pay for U.S. defense further fueled negative market sentiment toward chip stocks, given Taiwan Semiconductor’s (TSM) critical industry role.
