🔴 Taiwan Semiconductor Manufacturing is trading 5.1% down today on sector-wide AI chip guidance disappointment and rate jitters

Taiwan Semiconductor Manufacturing is trading 5.1% down at $422.05 as semiconductor stocks sell off following underwhelming AI-chip guidance and profit-taking in key peers like Broadcom and Micron.

• The decline aligns with a broader tech-led market sell-off driven by higher-for-longer interest rate fears following stronger-than-expected U.S. jobs data.
• Growth and AI-exposed names across the NASDAQ are facing significant pressure as investors recalibrate expectations amid the shifting macroeconomic environment.