TSMC is trading at $455.61 (-3.70%) as higher Treasury yields and oil prices revive inflation concerns, weighing on growth-sensitive technology shares.
- Semiconductor stocks are also under pressure; SOXX was down 2.52% during the regular session.
- TSMC reported record third-quarter revenue above expectations, but investors are questioning whether rapid AI-driven earnings growth can continue. The strong results have not offset broader market pressure.