Overview

• 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.