Taiwan Semiconductor Manufacturing Company (TSMC) shares are experiencing a decline today, potentially influenced by geopolitical and industry-specific factors. The Biden Administration's recent restrictions on China's 16/14nm technology implementation are expected to significantly impact TSMC's Fab 16 in Nanjing, as reported on January 20, 2025. This development could be causing investor concern over TSMC's operations in China, a key market for the semiconductor giant.
Additionally, while TSMC has secured a US$1.5 billion subsidy, there are ongoing concerns regarding President-elect Trump's criticism of Taiwan's semiconductor industry. This political uncertainty may be contributing to the stock's downward pressure as investors weigh the potential implications for TSMC's future operations and funding continuity.
TSMC's stock is currently trading at $210.95, down 1.79% from its previous close of $214.79, and has decreased by 1.96% from its opening price of $215.17.