TSMC is trading 7.3% down at TWD 2,290.00 following a sharp post-earnings reversal as investors weigh massive spending plans against future profitability.
- The company announced significantly higher 2026 capital expenditure and an additional $100 billion investment in Arizona.
- The increased spending has triggered concerns regarding free cash flow and margins amid a broader selloff in the global AI-chip sector.
- The stock's decline reflects a shift in sentiment despite the recent earnings report as markets recalibrate expectations for the semiconductor giant.