Semiconductor and related tech shares hit hard by former US president’s calls for Taipei to pay for US protection
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The stocks of some of the world’s largest chipmakers have fallen further after comments by Donald Trump that Taiwan, which is central to the global industry, should pay for its own defences against China.
Shares in semiconductor and related tech companies had already plunged on Wednesday after the former president’s comments, as well as a report that suggested Joe Biden’s administration was considering the strictest controls on the trade of chips to China.