Chip stocks from Taiwan fall amid geopolitical tensions

Semiconductors stocks took a hit on Tuesday as House Speaker Nancy Pelosi's visit to Taiwan sparked fresh tensions between Washington and Beijing. The Chinese government openly opposed this trip as its sends encouraging signals to the pro-independence part of Taiwan, which is an important exporter of computer chips.

The largest contract manufacturer of semiconductors in the world has its headquarters on the island namely Taiwan Semiconductor Manufacturing Co Ltd (TSM.US), similar to other key players like United Microelectronics Corp (UMC.US). Shares of both firms dropped 2.4% and 3%, respectively. On the other hand, their US competitors namely Nvidia (NVDA.US) Corp, Qualcomm (QCOM.US) and Micron Technology Inc (MU.US) erased early losses and are currently trading higher.

Taiwan Semiconductor Manufacturing Co Ltd (TSM.US) stock fell nearly 50.0% from it's all-time high, however sellers managed to halt declines around the support zone at $76.00. As long as price sits above, another upward impulse may be launched, however a lot will depend on the geopolitical picture. Source: xStation5

10 July 2026, 2:21 PM

Meta Announces Its Own AI Chips. Is the Era of Full Dependence on NVIDIA Slowly Coming to an End?

10 July 2026, 12:39 PM

Vodafone shares surge 13% after Xavier Niel's £4.4 billion investment. What's next for the stock?

10 July 2026, 11:47 AM

🚩 Apollo Global warns on AI: Has the market become too optimistic?

9 July 2026, 4:49 PM

Stock of the Week: Seagate Technology. How an old technology found a new role in the era of artificial intelligence

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days