Previous close | 21.10 |
Open | 21.10 |
Bid | 20.40 |
Ask | 21.15 |
Strike | 135.00 |
Expiry date | 2024-12-20 |
Day's range | 21.10 - 21.10 |
Contract range | N/A |
Volume | |
Open interest | 695 |
As AI gaint Nvidia etches a new buy point, TSMC returns to growth mode, pushing the stock toward a breakout of its own.
WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said Wednesday a Chinese invasion of Taiwan and seizure of chips producer TSMC would be "absolutely devastating" to the American economy. Asked at a U.S. House hearing about the impact, Raimondo said "it would be absolutely devastating," declining to comment on how or if it will happen, adding: "Right now, the United States buys 92% of its leading edge chips from TSMC in Taiwan." TSMC declined to comment.
US chip manufacturing capacity is projected to triple by 2032, according to a new report published by the Semiconductor Industry Association, signaling progress nearly two years after President Biden signed the CHIPS and Science Act into law.