On June 8, 2026, TSMC shares hit a record intraday low, falling as much as 5.7% before closing down 2.96% amid a...

On June 8, 2026, TSMC shares hit a record intraday low, falling as much as 5.7% before closing down 2.96% amid a broader tech-driven sell-off in Asian markets. The Taiwan Taiex index suffered its largest intraday drop ever, losing over 2,600 points, with TSMC as a major contributor (source: Iraqsun, San Antonio Post, Taiwan Sun). Multiple outlets report the rout was sparked by profit-taking in AI-related stocks following a US tech downturn, with Korean chip heavyweights also plunging over 8% (source: WebIndia123, ANI). A TaiwanPlus report confirms TSMC narrowed losses but still fell 2.96% on the day (source: YouTube/TaiwanPlus). The sell-off reflects waning investor confidence in AI chip demand growth, impacting TSMC as the primary foundry for AI accelerators. Spillover effects are seen across the ecosystem, including Nvidia, AMD, Samsung, Broadcom, and Google (TPU), all facing similar downward pressure. The event signals a potential near-term demand correction for advanced chips, warranting close monitoring of TSMC's next earnings and capex guidance.