TSM is trading 3.0% down today at $392.09, extending a two-day decline as broader risk-off sentiment outweighs positive headlines regarding AI demand and overseas profit growth.
- The stock has fallen over 6% across two sessions, retreating from a previous level of $404.35.
- Broader semiconductor and Taiwan-linked equities are facing significant pressure from weak China economic data, rising yields, and heightened geopolitical tensions.
- The sell-off aligns with a broader Nasdaq decline as investors rotate out of tech names amid a challenging macroeconomic environment.