讀後心得

On the 2nd, U.S. President Trump signed an executive order imposing a 32% "reciprocal tariff" on multiple countries, including Taiwan, triggering an escalation in the global tariff war. China immediately retaliated with its own tariffs, exacerbating market panic. Analysis indicates that the semiconductor industry has been hit the hardest, with TSMC's market value evaporating by $423.296 billion and NVIDIA losing as much as $1.488 trillion in market value. Hsieh Jin-he believes that this impact will have significant consequences for Taiwan's economy.

The U.S. President recently signed an executive order imposing "reciprocal tariffs" on multiple countries, with Taiwan's tariffs increasing by 32%. Subsequently, China also launched "retaliatory tariffs" on American goods, escalating the global tariff war and making market sentiment tense and apprehensive.

An analysis points out that the industry most affected is semiconductors, and the beginning of all this can be traced back to January 27 when China launched Deepseek. On January 20, the President met with several tech giants at the White House and initiated a program called Stargate, which plans to invest $500 billion in developing artificial intelligence. Shortly thereafter, the emergence of Deepseek severely impacted the global semiconductor market, leading to a significant decrease in market value, particularly affecting Nvidia the most.

• ARM, which attended the meeting with the President on January 20, saw its stock price drop by 55.29%, with a market value decrease of $109.578 billion.
• Oracle's stock price fell by 35.98%, with a market value evaporating by $199.8 billion.
• Microsoft's Open AI was also hit, with its market value decreasing by $809.6 billion.
• Nvidia's price dropped from $153.13 to $92.01, with a market value decrease of $1.488 trillion.
• AMD's stock price fell from $227.3 to $83.67, dropping by 63.19% and wiping out a market value of $232.68 billion.
• AVGO's stock price decreased from $251.88 to $139.17, with a market value reduction of $529.7 billion.

Analysis indicates that Taiwan's TSMC will also face significant challenges, with its stock price falling from $226.4 to $144.84, resulting in a market value loss of $423.296 billion. The Philadelphia Semiconductor Index dropped from 5931.83 points to 3529.6 points, a decline of 40.6%. The impact of this shock on the semiconductor industry should not be underestimated, as this sector is a major driver of Taiwan's economy.

Experts warn that if Deepseek operates successfully, semiconductor giant Nvidia will face a crisis of losing its market position. Furthermore, the construction of many large data centers may face cutbacks, making TSMC's prospects even more severe.

More related reports mention that global stock markets have shown a significant decline due to tariff policy pressures, with experts urging investors to remain vigilant and not to rush into avoiding the market, suggesting to enter in batches at lower points.