TSM/long
Taiwan semiconductor exports to the US just surpassed China, driven by AI chip demand — TSMC is the structural winner.
We imported more from Taiwan than China as tariffs and AI trends collide.
Peak+0.4%
SemiAnalysis chart shows US imports from Taiwan ($24.6B) surpassing China ($23.5B) in May 2026 — a historic flip driven by AI chip demand and tariffs. One clean trade: long TSMC as the foundry capturing all of that AI-driven import surge, constrained through 2027. China short dropped — no routeable broad-market China instrument available.
originalWe imported more from Taiwan than China as tariffs and AI trends collide.