🔴 Taiwan Semiconductor is trading 4.38% down today amid a sharp semiconductor-sector sell-off

Taiwan Semiconductor is trading 4.38% down now at $46.07 amid a sharp semiconductor-sector sell-off.

• The SOXX ETF is down 3.39% during regular trading as investors reduce exposure to richly valued technology and AI stocks ahead of Nvidia’s earnings report.
• Disappointment surrounding Samsung’s shareholder-return plan is also weighing on the sector.
• Company-specific coverage points to profit-taking and portfolio rebalancing after the recent rally, rather than a new Taiwan Semiconductor announcement.