TSMC34.SA is trading 5.7% down at $285.10 following a sharp pullback from recent highs and a broader decline in the technology sector.
- The company is cutting older 28nm capacity at Fab 15A to pivot toward advanced 4nm production to meet surging AI demand.
- Investors are reassessing high AI-driven valuations against capacity reallocation news and risk-off sentiment in high-growth semiconductor stocks.