TSMC does not expect direct production impact from China's metal export curbs

"After evaluation, we do not expect the export restrictions on raw materials gallium and germanium will have any direct impact on TSMC's production," Taiwan Semiconductor Manufacturing Co said in an emailed statement.TSMC's Taipei-listed shares extended losses on Thursday, falling more than 2%, compared with a 1.5% drop on the broader market

, in part due to worries about worsening China-U.S. trade tensions and ahead of U.S. Treasury Secretary Janet Yellen's visit to Beijing this week. "If the talks between the two sides go well, many restrictions could be loosened, but if the talks go badly, both sides may put up more sanctions after Yellen goes home," said Capital Securities Corp analyst Liao Chien-yu., which uses gallium for optoelectronic devices, told Reuters only a "small number" of substrates are purchased from China, with most of its supplies coming from Germany and Japan.

China's restrictions will have a very limited impact on the company's short-term procurement and wafer production and delivery, WIN added.

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