🔴 CIBR is trading 1.63% down today on TSMC capex concerns and hawkish Fed pressure

CIBR is trading at $91.57 (-1.63%) as semiconductor and AI stocks lead a broader tech pullback following TSMC’s updated capex forecast.

• TSMC’s higher capex forecast has sparked concerns that AI infrastructure spending is becoming less efficient, weighing heavily on the semiconductor sector.
• Fed hawkishness and rising Treasury yields are adding pressure to growth-oriented tech names as broader risk sentiment softens.
• The downward move tracks a weaker Nasdaq Composite, which is trading lower intraday amid the sector-wide selloff.