• Taiwan Semiconductor Manufacturing Company Limited is trading 1.6% down today at $53.90, pulling back after a strong run last week driven by reports of Apple using its 1.4nm process for future A22 Pro chips.
  • The move appears to be profit-taking and consolidation following recent gains, with analysts noting short-term exhaustion signals and an overbought RSI for the stock.
  • Broader U.S. indices are trading mixed to modestly higher, indicating a stock-specific pullback for TSMD.BA.