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Chipmaker rout engulfs TSMC, Samsung

TOKYO: Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than US$240bil (RM1.1 trillion) from the sector’s global market value after the Biden administration imposed curbs on China’s access to semiconductor technology.

Chipmaker rout engulfs TSMC, Samsung with US$240 bil wiped out

Chip-related stocks in Japan, South Korea, and Taiwan slumped, contributing to a wipeout of more than US$240 billion (RM1.12 trillion) from the sector's global market value after the Biden administration imposed curbs on China's access to semiconductor technology.

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