🔴 TSMC34.SA is trading 5.6% down today on profit-taking after AI-driven rally

TSMC34.SA is trading 5.6% down at $290.28 as investors lock in profits following a sharp reversal from recent AI-driven strength.

• The decline follows a two-day surge of 4.5%–5.3% that was fueled by raised AI packaging forecasts for NVIDIA and robust AI server demand.
• Market participants are reassessing elevated expectations and the sustainability of recent price levels after the significant rally.