TSMC Proved the Demand. The Market Changed the Question.
A record beat that still sold off is a signal. The AI trade is moving from a growth phase to a cash-discipline phase. What that means, and how to act.
TSMC Beat Records and Raised Guidance. So Why Did the Stock Fall 4%?
TSMC smashed records and raised its forecast, and the stock fell 4% anyway, pulling the AI-chip complex down with it. What happened, and what spooked investors.