🔴 TSMC is trading 3.3% down today on broad market declines and Nvidia's China chip halt

TSMC is trading at $345.55 (-3.33%) as markets open lower following geopolitical escalations and China's lowered economic growth targets.

• Broad market indices are under pressure, with the S&P 500 down 1.04% and the NASDAQ down 0.92% amid U.S.-Iran conflict tensions and China's 4.5-5% growth target.
• The semiconductor sector faces specific headwinds from Nvidia's halt on China-bound chip production at TSMC and general profit-taking in AI-related equities.