TSMC, Samsung, SK Hynix and others that have invested in or plan to invest will pay no tariff, according to the president's comments. That's big.”

Shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) clinched a record high on Thursday after Taiwan said its top chip manufacturer will not have to pay a 100% tariff on such imports to the US. Taipei-listed TSMC stock jumped nearly 5% to 1180 won at the time of writing.

As the White House considers new import restrictions on chips, find out why one major Arizona player's stock is surging while another's is taking a hit.