Asia / Pacific
Chinese Chipmakers and Defense Stocks Surge as Pelosi Visits Taiwan
• Chinese chipmakers and defense stocks surge as President Pelosi visits Taiwan.
• The surge is due to the visit of Chinese President Pelosi.
• The Chinese government has urged Taiwan to boost its defense sector.
• The surge in defense stocks is attributed to the government’s efforts to boost the country’s defense capabilities.
• The surge in defense stocks is a significant development for the country’s defense industry.
