Shares of Qualcomm Inc. $QCOM, a major player in the smartphone chip manufacturing industry, dropped significantly during early trading after the company released a revenue forecast that fell short of analyst expectations. This development has heightened market concerns about the adverse impact of ongoing trade tariffs on demand for Qualcomm's products.

In recent days, global analysts have focused their attention on an investigation initiated by Taiwanese authorities. According to the official statement, the authorities are examining claims that SMIC, the largest Chinese chip manufacturer, might have used a shell company to conduct operations on the island. This alleged shell company presented itself as a Samoan enterprise, potentially serving as a cover for the recruitment and exposure of Taiwan’s technical talents. Given Taiwan’s critical role in advanced semiconductor production, any hint of irregular practices raises concerns among market analysts and professionals operating within the financial markets.