Bytes: Week in Review – Tariff tensions hit tech stocks, TSMC expands its U.S. investment and a tech leader joins bid to buy TikTok
It’s Friday. And we’ve got plenty to talk about on this edition of Marketplace “Tech Bytes: Week in Review.”
TSMC announced it’s investing an additional $100 billion to make chips in the U.S. Plus, a co-founder of the social media platform Reddit joins a bid to buy TikTok.
But first, let’s talk about the stock market. A number of tech companies watched their stocks sink this week, when new tariffs on China, Mexico and Canada were put in place. That volatility continued when President Donald Trump backtracked on the policy, at least temporarily.
Marketplace’s Stephanie Hughes spoke with Natasha Mascarenhas, reporter at The Information, to unpack these stories and more.
More on everything we talked about
“US stocks face tricky moment as Trump’s latest tariffs land“ from Reuters
“Trump to Delay Canada, Mexico Tariffs on Autos for One Month” from Bloomberg
“TSMC to invest additional $100B in U.S. chips manufacturing” from Axios
“Reddit co-founder Alexis Ohanian joins bid to acquire TikTok” from the Associated Press
“Reddit co-founder Alexis Ohanian joins Frank McCourt’s TikTok bid” from TechCrunch
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