TSM is trading at 3.3% down now at $294.84 amid a broad tech pullback as investors reassess heavy AI capex and margin risks following weak outlook commentary from peers.
- The decline aligns with a sharp decline in major indices and AI-related semiconductor names.
- The pressure is affecting high-flying chip and AI beneficiaries across the Nasdaq and semiconductor space.
- Specific peer commentary cited came from Broadcom and Oracle.