🔴 MediaTek is trading 6.1% down today on profit-taking and U.S. tariff concerns

MediaTek is trading 6.1% down at TWD 3,455 as investors lock in profits following a sharp July rally that pushed shares toward 52-week highs.

• Sentiment toward semiconductor and AI names has weakened as investors react to newly announced U.S. tariffs on major trading partners.
• The selloff adds macro trade and valuation concerns to a broader sector-wide chip downturn.