TSMC Stock Drops 11.57% Amid Tariff Concerns

Taiwan Semiconductor Manufacturing Co. (TSMC) saw its stock plummet nearly 10% amid a global selloff triggered by new tariffs imposed by President Trump. The steep declines in TSMC's stock, which significantly impacts Taiwan's Taiex index, reflect broader concerns over supply chain disruptions and heightened costs within the semiconductor industry. Analysts point to a potential decline in consumer demand and reduced orders for TSMC's chips as a direct consequence of these tariffs. The recent downturn follows a pattern of volatility, with TSMC's share price down over 27% year-to-date. Despite these challenges, analysts maintain a positive long-term outlook for TSMC due to its critical role in the semiconductor market. However, the immediate geopolitical tensions and economic uncertainties pose significant challenges for the company and its investors.