🔴 SEMI.AS is trading 5.1% down today as TSMC capex hike fuels AI profit concerns

SEMI.AS is trading at $19.15 (-5.08%) after TSMC raised its capital expenditure forecast, sparking concerns over the timeline for AI profitability.

• TSMC increased its spending outlook and announced a larger Arizona expansion, reviving fears that massive AI investments will take longer to translate into bottom-line profits.
• The move tracks a broader technology-sector decline and weaker Nasdaq sentiment, with chipmakers hit especially hard by the shift in sentiment.