TSMC is trading 3.5% down at BRL 255.74 as investors question the sustainability of AI infrastructure spending amid a broader semiconductor sector decline.
- The move reflects a sell-the-news reaction following recent record-profit earnings and heavy AI-related capital expenditure.
- Broader concerns regarding high valuations and future profitability are pressuring AI-exposed stocks after a strong multi-month rally.
- The decline tracks a wider industry trend as market participants reassess the long-term growth trajectory of the chip sector.