🔴 TAIWAN SEMICONDUCTOR MANUFACTUR is trading 3.7% down today on hot CPI data and AI sector profit-taking

TAIWAN SEMICONDUCTOR MANUFACTUR is trading 3.7% down today at $45.79 as hotter-than-expected May CPI data and rising inflation fears trigger a broader sell-off in high-growth tech and semiconductor stocks.

• The decline comes despite the company reporting record May revenue fueled by strong demand for AI-related chips.
• The stock is giving back some recent strength as investors engage in profit-taking across the semiconductor sector amid macroeconomic uncertainty.