Trump accuses Taiwan of stealing U.S. chip business, here's what the election could bring

Contributing sentiments towards policy:

49% : TSMC fell over 10%.U.S. companies that either have fabs or are in the process of building them, like Intel, Global Foundries and Texas Instruments, outperformed on the expectation that if Trump wins, he'll favor the domestic players.
43% : Sources say funds are expected to be allocated by the end of this year as long as specific milestones are met.Trump also suggested foreign companies shouldn't be able to enter the U.S. and use government money.
34% : "You know, Taiwan, they stole our chip business... and they want protection," Trump said during the appearance.
29% : Earlier this summer, when Trump made similar comments about Taiwan, the SMH ETF lost $675 billion in market cap in one week.
17% : Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president.

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