Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.

Taiwan’s government will soon look at whether it needs to help its domestic industry over threats by President Donald Trump to put tariffs on semiconductors, Premier Cho Jung-tai said on Wednesday.

U.S. President Donald Trump's nominee for Commerce secretary Howard Lutnick said on Wednesday that the Biden-era subsidies for U.S. semiconductor manufacturing are an "excellent down payment" but need review.

Semiconductor business between Taiwan and the United States is a "win-win" model for both sides given the high level of complementarity, the government said on Tuesday in response to tariff threats from U.

The CHIPS and Science Act was passed by Congress in August 2022, and authorized the Biden administration to distribute $53 billion to boost semiconductor manufacturing. Most of that money hasn't been spent yet, giving the Trump administration a lot of leeway over how it is handled.

President Donald Trump has threatened to impose tariffs on Taiwan-made chips, which could hit Nvidia, one of TSMC's biggest customers.

President Donald Trump previously criticized the CHIPS and Science Act, leading to speculation over whether the law could be repealed or tweaked under the new administration.

Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the near future.

Tariffs could be imposed on foreign-made semiconductor chips, including those by Taiwan's TSMC, if they are not made stateside US President Donald Trump has called Chinese AI start-up DeepSeek's strong showing a "wake-up call" and "positive" for America's tech sector,

Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)

Donald Trump's commerce secretary nominee told his US Senate confirmation hearing he favors "across-the-board" tariffs while signaling a hawkish China stance. | TAG24