TSMC is trading 3.4% down at $45.05 as investors react negatively to sharply higher capital spending plans despite record profits and strong AI-driven growth.

  • The company's increased investment in AI infrastructure has sparked concerns that heavy capital requirements may pressure long-term returns.
  • The stock is also being weighed down by a broader semiconductor sell-off, with sector indices falling nearly 4% amid worries over the sustainability of AI-related margins.