🔴 TSMC is trading 3.1% down today as weak jobs data triggers tech profit-taking

TSMC is trading at $325.20 (-3.14%) as of 11:19 AM EST as weak ADP employment data and hawkish Fed expectations spark a sell-off in semiconductor shares.

• The decline follows a 1.15% drop in the NASDAQ Composite as investors rotate out of high-growth AI stocks and into value sectors.
• Selling pressure intensified after ADP reported only 22,000 jobs added—well below the 45,000–48,000 expected—fueling concerns over economic cooling and a restrictive interest rate environment.