Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others

Core Viewpoint - Semiconductor stocks experienced a decline due to potential U.S. measures that may end waivers allowing certain chipmakers to transfer American technology to China [1][2]. Group 1: Industry Impact - The U.S. Commerce Department is considering canceling waivers for companies like Samsung Electronics, SK Hynix, and Taiwan Semiconductor, which permit the transfer of U.S. chipmaking technology to their factories in China [2]. - Following the news, the VanEck Semiconductor ETF fell approximately 1%, indicating a negative market reaction [2]. Group 2: Company Performance - Major semiconductor companies such as Nvidia, Qualcomm, and Marvell Technology saw their stock prices decrease by about 1% [2]. - Taiwan Semiconductor's stock declined by around 2%, reflecting the broader trend in the semiconductor sector [2].