TSMC is trading 3.4% down at $43.92 following a magnitude 7.1 earthquake in Japan and a broader retreat in semiconductor and AI-related stocks.
- Reports indicate a mandatory evacuation at the company's Kumamoto fab following the seismic activity, raising immediate operational and supply chain concerns.
- The decline is exacerbated by a sector-wide slump as investors reassess AI-driven capital expenditure and navigate increasing competition from Chinese foundries.