In this video, I will talk about Taiwan Semiconductor Manufacturing(NYSE: TSM) and why it is down over 20% this month. I will also discuss the new restrictions the U.S. government has imposed regarding semiconductor exports. Things might get worse before they get better.
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*Stock prices used were the closing prices of Oct. 11, 2022. The video was published on Oct. 12, 2022.
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Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.