TSMC Shares Drop 2.3% as AI-Chip Confidence Eases
Taiwan Semiconductor Manufacturing shares slid about 2.3% in Monday trading as a broad chip selloff spread to peers. July revenue jumped 44.7% year over year to NT$467.58 billion, and management raised its 2026 capital-spending plan to $60 billion–$64 billion amid demand from leading AI, mobile, and cloud customers.