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Benzinga
131 days

TSMC Triggers Death Cross As Trump Tariff Threats Add To Investor Concerns

1. TSM stock has dropped 25% YTD and 11% in the past month. 2. Technical indicators show a strong bearish trend for TSM. 3. Trump threatens TSM with a potential 100% tax if not producing in the U.S. 4. TSMC has committed over $100 billion to build U.S. factories. 5. Investors are cautious amid technical pressure and political uncertainties.

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FAQ

Why Very Bearish?

The technical death cross coupled with Trump's tax threats signals severe pressure on TSM's stock, reminiscent of past political actions affecting tech stocks leading to sharp declines.

How important is it?

The combination of technical bearish signals and political threats creates significant concern for investors, raising the likelihood of negative price movements.

Why Short Term?

Immediate impacts are evident due to technical indicators and political pressures; changes may unfold quickly in response.

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