TSMC Stock Continues to Slide Amid Market Uncertainty

Taiwan Semiconductor's shares plummet further as options traders increase bearish bets, reflecting heightened industry challenges.

TSMC stock has dropped over 13% following a cautious earnings call and revised industry growth forecasts.
The surge in put options indicates a growing bearish sentiment among traders, suggesting potential further declines.
Recent challenges, including a 7.2-magnitude earthquake, have disrupted production, adding to the company's woes.
Other tech giants like Nvidia and Super Micro Computer also face significant stock declines, contributing to broader tech sector unease.
Taiwan Semiconductor is bolstering international partnerships to maintain its leading position in the chip industry.