Challenges for TSMC: An Overview
The Taiwanese semiconductor giant TSMC is currently facing several challenges, both political and economic in nature. These affect not only market developments but also corporate news, which is of significant interest to investors in the German-speaking area.
Political Challenges
- US Embargo and Possible Sanctions: TSMC is under investigation by the US Department of Commerce for possible violations of the US embargo on technology exports to China. The accusation is that TSMC supplied chips to Huawei, which could lead to potential billions in fines. This situation overshadows relations between Taiwan and the USA.
- Tariffs and Trade Policy: The US government has imposed tariffs on imports from Taiwan. Although computer chips are currently excluded from this, uncertainty remains regarding possible future levies, which could influence the investment decisions of companies like TSMC.
Economic Developments
- Massive Investments in the USA: TSMC plans to invest significantly in the USA. With a planned investment of over 100 billion US dollars in the coming years, including new factories in Arizona, the company is reacting to strong demand for semiconductors.
- Revenue Development: Despite expansion plans, TSMC experienced a decline in revenue in February 2025 due to seasonal fluctuations and decreasing demand for high-end chips. Nevertheless, the company remains a leader with an expected annual revenue of over 80 billion USD.
- Geopolitical Risks: New tariffs on Chinese semiconductor products could have indirect effects on TSMC, as China is an important market. Geopolitical tensions increase uncertainty for investors.
Impact on TSMC Stock
The political and economic challenges have led to fluctuations in TSMC’s stock price. Investors are closely monitoring the situation, as the long-term market leadership remains intact despite short-term setbacks. Strategic expansions are crucial for the future.
Overall, TSMC remains a key player in the global semiconductor industry, but investors must carefully keep an eye on geopolitical risks and influences.