TSMC, Samsung rally despite Trump’s 100% chip tariff threat
Despite Trump's 100% import tariff threat, TSMC and Samsung rose in Asia as Apple spotlighted both firms in a $100B U.S. manufacturing push. TSMC’s Arizona fabs and Samsung’s Texas deal with Tesla fueled optimism. Other Asian chip stocks slumped, but analysts say U.S.-focused giants like TSMC, Samsung, Apple, and Nvidia could emerge as long-term winners.