🔴 TSMD.BA is trading 4.8% down today amid AI chip rotation and global tech selloff

TSMD.BA is trading 4.8% down at $51.10 as investors rotate within semiconductors and de-risk broader tech.

• Markets are digesting reports that TSMC is cutting 28nm capacity to prioritize higher-margin AI chip production.
• The decline follows a broader tech rout, with the Nasdaq Composite falling over 1% and Asian chip manufacturers experiencing a sharp selloff.
• The downward movement appears driven by sector-wide pressure and market sentiment rather than a company-specific shock.