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Benzinga
Benzinga
Business
Anusuya Lahiri

Why This Investor Is Trimming His Largest Holding Taiwan Semiconductor

TSMC

Contract chipmaker Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) stock trended Tuesday as escalating geopolitical tensions sharpen Washington’s push to shift critical semiconductor production to the United States.

The Trump administration is urging Taipei to relocate part of its manufacturing base, with the goal of producing half of America’s chips domestically.

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