Wall Street Breakfast Tariff win sends TSMC higher
Aug 7, 2025
TSMC's stock hits record highs after being exempt from Trump's tariffs, a significant boost for the semiconductor giant. Meanwhile, Samsung's shares climb as Apple partners with them for chip supply from a new Texas factory. In airline news, United Airlines successfully resumes operations following a technical glitch. The podcast also analyzes major market trends, commodity movements, and upcoming economic events tied to the Federal Reserve.
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TSMC Tariff Exemption Insight
- Taiwan's TSMC chip manufacturer is exempt from the planned 100% US semiconductor import tariff.
- This reflects TSMC's commitment to build manufacturing plants in the US, including a $65 billion Arizona investment.
Samsung-Apple Chip Deal Insight
- Samsung shares rose after Apple confirmed chip sourcing from its Austin, Texas fab.
- This collaboration introduces a new chip manufacturing technology enhancing Apple product performance.
United Airlines System Glitch
- United Airlines faced a system glitch causing over 1,000 flight delays and cancellations on Wednesday.
- The issue stemmed from a weight and balance computer system malfunction, not a cyber attack.