A significant piece of news regarding semiconductors between China and the US has ignited the market! Japanese chip stocks have surged in response. What is going on?
Bloomberg reported that the usa government’s restrictions on selling chip equipment and ai memory semiconductors to china are lighter than expected. After the news broke, shares of chip manufacturing equipment maker tokyo electron ltd. unsponsored adr jumped 10%, marking the largest increase since August last year, while fellow semiconductor equipment manufacturer Kokusai Electric corp. surged 23%.
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"Trump 2.0" deters the global? South Korea plans to increase support for chip companies and introduce $10 billion low-interest loans next year.
① South Korea plans to increase financial support for domestic chip manufacturers next year to address the challenges posed by the 'Trump 2.0' policy and competitors like China; ② The South Korean Ministry of Finance stated that low-interest loans will reach 14.3 trillion won (approximately 10.2 billion USD) next year to support new chip park enterprises and others.