{"id":147947,"date":"2022-10-11T09:24:24","date_gmt":"2022-10-11T14:24:24","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/10\/chipmaker-rout-engulfs-tsmc-samsung-with-240-billion-wiped-out"},"modified":"2022-10-11T09:24:24","modified_gmt":"2022-10-11T14:24:24","slug":"chipmaker-rout-engulfs-tsmc-samsung-with-240-billion-wiped-out","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/10\/chipmaker-rout-engulfs-tsmc-samsung-with-240-billion-wiped-out","title":{"rendered":"Chipmaker Rout Engulfs TSMC, Samsung With $240 Billion Wiped Out"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/chipmaker-rout-engulfs-tsmc-samsung-with-240-billion-wiped-out2.jpg\"><\/a><\/p>\n<p>Asia\u2019s top chip stocks tumbled Tuesday, ensnared in an escalating US-China tech race that has erased more than $240 billion from the sector\u2019s global market value.<\/p>\n<p>Taiwan Semiconductor Manufacturing Co., the world\u2019s largest contract chipmaker, plunged a record 8.3% while Samsung Electronics Co. and Tokyo Electron Ltd. also declined. The selloff spread to the foreign-exchange market as investors tallied up the damage from the sweeping curbs the US is imposing on companies that conduct technology business with China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asia\u2019s top chip stocks tumbled Tuesday, ensnared in an escalating US-China tech race that has erased more than $240 billion from the sector\u2019s global market value. Taiwan Semiconductor Manufacturing Co., the world\u2019s largest contract chipmaker, plunged a record 8.3% while Samsung Electronics Co. and Tokyo Electron Ltd. also declined. The selloff spread to the foreign-exchange [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,1523],"tags":[],"class_list":["post-147947","post","type-post","status-publish","format-standard","hentry","category-business","category-computing"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/147947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=147947"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/147947\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=147947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=147947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=147947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}