🔴 TSM is trading 5.5% down today on escalating Middle East conflict and broader market selloff

TSM is trading at $348.64 (-5.5%) as geopolitical tensions spike following U.S.-Israeli military operations against Iran and the closure of the Strait of Hormuz.

• The broader market is sharply lower with the S&P 500 down 2.01% and Nasdaq down 2.17%, driven by fears of prolonged conflict and global inflation.
• The semiconductor sector is seeing a sharp pullback as investors rotate away from growth-exposed technology names following a strong recent run.