Victoria Adams
by VICTORIA ADAMS

Trade War Risks Threaten Revenue

30/09/2025 44 0
TSM
FACT: TSMC’s Q3 2023 Semiconductor Leadership

U.S. diplomacy limiting TSMC’s advanced chip exports to China (“no best stuff”) signals trade war risks, potentially impacting 20% of revenue. Historical trade restrictions, like those in 2022, led to a 15% stock drop, and with China’s push for self-sufficiency in semiconductors, TSMC could face a 10-12% correction if tensions escalate.​

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