TSMC Shares Plunge by 10% Amid Donald Trump’s Steep Tariff Hikes
TSMC shares fell by 10% amid a global market slump, as Trump’s tariffs hit.
Taiwanese chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC) saw its shares drop by 10% on Monday. TSMC hit the stock exchange’s daily limit, reacting to a broader global market decline sparked by President Donald Trump’s significant tariff hikes. As per a report of Money Control, the chipmaker’s shares listed in Taipei dropped by 10%, which also pushed down the main Taiex index by up to 9.8%. Alibaba Shares Drop 19% As China Stock Market Takes Hit Due to Donald Trump Tariffs on Imports.
TSMC Shares Plunge by 10%
BREAKING: 🇹🇼 Taiwan's semiconductor giant TSMC plunges by 10%
— The Spectator Index (@spectatorindex) April 7, 2025
(The above story first appeared on LatestLY on Apr 07, 2025 04:53 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
