What's the need to know here specifically on TSMC in China. Well, this adds yet another speedbump for TSMC and its suppliers in trying to bring equipment, chemicals and other things that they need for this facility in Nanjing. It is not a major portion of Tsmc's overall manufacturing picture. It counts for a relatively small fraction of the company's revenue.And yet it is symbolically significant because the move mirrors what the US government announced on Friday, and that is that Samsung and SK Hynix would ...

The US has revoked Taiwan Semiconductor Manufacturing's authorization to ship essential gear to its main Chinese chipmaking base. @EdLudlow reports (Corrects spelling of anchor's last name) https://t.co/ooq7PNGztQ https://t.co/MoYEcAQTTP ...

The US has revoked Taiwan Semiconductor Manufacturing's authorization to ship essential gear to its main Chinese chipmaking base. @EdLudlow reports https://t.co/ooq7PNGztQ https://t.co/eGFKJEqqWW ...

The US has revoked TSMC's authorization to freely ship essential gear to its main Chinese chipmaking base, potentially curtailing its production capabilities at that older-generation facility https://t.co/VIWVGNi7TX ...

When it comes to chipmaking, America cannot shut itself off from the rest of the world https://t.co/Q9E1Z4GJMM ...

Chipmaking is a critical input that America’s tech sector requires to be world-beating. Forcing the country’s firms to settle for anything less than the best would blunt their edge https://t.co/CnQHScHE4H ...

Core Insights - Super Micro Computer Inc. (SMCI) is currently trading at $43.36, with a 12-month price target of $45.63, indicating a potential upside of 5.22% based on analyst ratings [11] - The stock has shown significant support at around $32.30 per share, formed due to low trading volume, while resistance is noted at approximately $48 per share, where selling pressure has been observed [7][9] - The company is well-positioned to benefit from growth in artificial intelligence and chipmaking sectors, with analysts projecting a potential earnings per share (EPS) growth of 200% by the end of 2025 [14][15] Price Levels and Market Dynamics - Support at $32.30 indicates a lack of interest from investors, suggesting that the market may not assign value to this price level [7] - Resistance at $48 per share shows that sellers are currently overwhelming buyers, indicating a significant amount of liquidity resting at this price point [9] - A recent institutional investment of $167.8 million from Northern Trust at the $32.30 level suggests confidence in the stock's potential to reach the $48 resistance [11] Analyst Ratings and Forecasts - Current analyst ratings suggest a "Hold" position for Super Micro Computer, with a high forecast of $93.00 and a low forecast of $30.00 [11] - Nehal Chokshi from Northland Securities has set a valuation of $59 for the stock, indicating a potential upside of 36% from current prices [13] - Short interest has declined by 4.1%, indicating bearish capitulation and a shift in market sentiment towards the stock [12]