Mmastodon BusinessBusiness first seen 3 d ago, last 2 d ago, peak #1

Asian tech selloff deepens despite record TSMC profits

Original: Tech selloff deepens, and even record TSMC profits can’t lift the mood Tech stocks tumbled again in Asia, even as chip g

Technology stocks in Asia fell again as a broader selloff deepened, with even record quarterly profits from chipmaker TSMC failing to reassure investors. TSMC reported another record quarter driven by strong artificial intelligence demand, but markets remained spooked, with analysts questioning high valuations and the durability of the AI-driven rally. Traders are watching for what could steady sentiment.

Why now: A sustained slide in tech shares despite strong earnings has investors worried about an AI valuation bubble.

TSMCAsian stock marketsAI chip industry

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Rank over time, top of the chart is #1. 4 snapshots from 2 d ago to 2 d ago.

Evidence

• Tech selloff deepens, and even record TSMC profits can’t lift the mood Tech stocks tumbled again in Asia, even as chip giant TSMC posted yet another quarter of record profits fueled by AI demand. We take a look at what has markets spooked. # News # Reuters # Newsfeed # business… · fllics · 3

API: https://socialmediatrends-api.osmike.com/v1/trends/2361513