Asian stocks slide after TSMC drop

Shares of Taiwan Semiconductor, one of the largest producers of electronic chips, dropped sharply by 3% following a broader decline in the Asian stock market, amid concerns over demand for AI infrastructure and market volatility. The repercussions extended to a decline in the MSCI Asia Pacific index, while US technology and semiconductor-related stocks moved sharply, driven by fears of slowing demand and high market valuations. This comes at a time when worries about an AI bubble suggest that markets may have exceeded their limits, with falling stocks and global market fluctuations.

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