TAIWAN SEMICONDUCTOR MANUFACTUR is trading 3.3% down at $47.95 as strong U.S. jobs data sparks a broad risk-off move and rotation out of growth stocks.

  • The drop comes as investors pivot away from semiconductor and tech names following data that boosted expectations for higher-for-longer interest rates.
  • The stock is currently underperforming its recent level of $49.60 from June 4, 2026, amid a sharp decline in the Nasdaq.