TSM is trading at $337.23 (-3.03%) as of 9:50AM EST, tracking a broader market retreat driven by escalating geopolitical risks and tech sector weakness.
- Shares fell from yesterday's close of $347.75 despite a lack of company-specific news or material announcements from the chipmaker.
- Global markets are under pressure with the S&P 500 down 0.50% and NASDAQ down 0.75% as U.S.-Iran tensions push oil prices above $100/barrel.