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TSMC shares fell as much as 2.98% ahead of possible Pelosi visit to Taiwan

Published 08/01/2022, 10:18 PM
Updated 08/01/2022, 10:20 PM
© Reuters. FILE PHOTO: Taiwan Semiconductor Manufacturing Company (TSMC) Fab 15B, one of the company's four giga semiconductor fabrication plants, is pictured in Taichung, Taiwan, Sept. 2, 2021. REUTERS/Yimou Lee/File Photo

TAIPEI (Reuters) - Shares of Taiwan chipmaker TSMC fell as much as 2.98% on Tuesday, as investors closely watch a possible trip to Taiwan by U.S. House of Representatives Speaker Nancy Pelosi later in the day which has angered China.

The main benchmark share index fell more than 2%.

Latest comments

Buy the dip
you can be sure that Paul Pelosi had already shorted TSMC beforehand.
If TSMC is nuked, Pelosi would be laughing to the bank
Much to do about nothing.
president/dictator Chee is a bully.
She just taking a vacation. Calm down China.
yeah sure that bit"ch is going there to test the Chinese reaction.
laughing, seems like China is moving on Taiwan no matter what. If she doesn't go, the USA is telling the Chinese the island is all there's. ( I think )
at taxpayer expense
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