Taiwan Semiconductor Manufacturing Company Limited is trading about 1.9% down now at $47.00 as investors rotate out of technology and semiconductor names following Monday’s sharp rebound.
- The stock’s pullback aligns with a broader risk-off move in the market, with the Nasdaq Composite falling nearly 3%.
- Chip stocks are giving back recent gains as persistent higher-for-longer interest rate worries and fading AI-rebound optimism pressure the sector.