Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue, highlighting uncertainty over the sustainability of the AI boom even as industry behemoths including Nvidia Corp. chase more chip supplies.
The company posted a 16.9% rise in sales for October, the slowest pace since February 2024. Analysts on average are expecting sales to increase 16% in the current quarter. TSMC’s American depository receipts were up as much as 3% in pre-market trading.
Industry executives remain buoyant about AI-driven growth as major tech firms are accelerating investments in data centers. The TSMC revenue gain also just covers just a single month of business, offering investors less insight.
Investors were jolted last week by a sudden slump in Asia’s technology shares, which served as a stark reminder that the world-beating rally in artificial intelligence and semiconductor stocks may be nearing a short-term crest. Wall Street chief executives have warned of an overdue market correction, with Michael Burry’s Scion Asset Management also disclosing bearish wagers on Nvidia.
That’s despite massive ample spending plans from leading AI players.
https://finance.yahoo.com/news/tsmc-slowing-monthly-sales-fuel-072623633.html
Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations.
The group, which holds a wide range of AI investments across infrastructure, semiconductor, and application companies, saw shares close 6.87% lower, recouping some losses from earlier in the session.
This comes after SoftBank gained nearly 3% in the previous session, having plunged 10% on Wednesday to clock its worst day since April. It saw almost $50 billion in market cap wiped out this week and its worst weekly loss since March 2020, down nearly 20%.
https://www.cnbc.com/2025/11/07/softbank-shares-ai-linked-stocks-asia-valuation-concerns.html