Tech Tremors: How US Policy and Trump’s Comments Are Rattling the Global Chip Market

On Wednesday, July 17, 2024, global chip stocks experienced a sharp decline, reflecting growing concerns over potential U.S. export restrictions and escalating geopolitical tensions. This downturn affected major players in the semiconductor industry, including ASML, Nvidia, and TSMC. According to a report by Arjun Kharpal for CNBC, the Netherlands-based ASML, a crucial supplier of chipmaking... source: https://www.cryptoglobe.com/latest/2024/07/tech-tremors-how-us-policy-and-trumps-comments-are-rattling-the-global-chip-market/