🔴 TSMC is trading 3.05% down today as AI-model development concerns hit chip shares

TSMC is trading 3.05% down now at BRL 268.84 as semiconductor shares weaken amid renewed concerns that AI-model development may slow.

• Nasdaq futures were down 1.56%, while Intel, AMD, and Marvell faced sharper losses after prominent AI executives called for slower development.
• TSMC’s fundamentals remain supportive: August revenue rose 53.3% year over year, but bullish company news has not offset today’s sector-wide risk reduction.