Reported 5 months ago
The article discusses how chip stocks are starting to decline due to reports of the Biden administration planning stricter trade regulations on chip exports to China, as well as former President Donald Trump suggesting Taiwan should pay for US security. Principal Asset Management's chief global strategist Seema Shah provides insight into the potential restrictions' effects on the chip sector and broader equity market. Shah believes the US economy will benefit the most from global economic tightening, while other countries like India and Japan may also fare relatively well amidst the tensions.
Source: YAHOO