Taiwan Semiconductor Shares Are Up Today: What's Going On? - Taiwan...

Published on 24 Dec 2024 on Benzinga

Taiwan Semiconductor Shares Are Up Today: What's Going On? - Taiwan...

Taiwan Semiconductor Manufacturing Company Ltd. TSM shares were trading higher Monday following an announcement by the Biden administration regarding a trade investigation into China’s semiconductor policies, particularly concerning “legacy” semiconductors.

What To Know: The investigation, known as the “Section 301” probe, could lead to higher U.S. tariffs on these components and aims to counter China’s state-driven semiconductor industry expansion according to Reuters.

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NYSE.TSM price evolution

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