Chip stocks fall further after Trump’s remarks on Taiwan defence
by Jack Simpson from World news | The Guardian on (#6PA4Y)
Semiconductor and related tech shares hit hard by former US president's calls for Taipei to pay US for protection
The stocks of some of the world's largest chipmakers have fallen further after comments from Donald Trump that Taiwan, which is central to the global industry, should pay for its own defences against China.
Shares in semiconductor and related tech companies had already plunged on Wednesday on the back of the former president's comments, as well as a report that suggested Joe Biden's administration was considering the strictest controls on the trade of chips to China.
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