Export Restrictions

Three Reasons to Buy Semi-Weakness on Trump Taiwan Comments

Semiconductor stocks took a hit Wednesday after reports that the Biden Administration is considering additional export restrictions on semiconductor technology to China. This news, coupled with comments from US Republican Presidential Candidate Donald Trump casting doubt on US security guarantees to Taiwan, led to a selloff in companies like $ASML, $TSMC, and $NVDA. Despite these developments, strong earnings growth and competitive advantages in the semiconductor sector suggest that these stocks may still offer significant value.