Taiwan Semiconductor Shares Fall 3.3% on Nvidia-Led Pullback and White House $9.7T Portfolio
Taiwan Semiconductor Manufacturing shares dropped 3.33% on February 26 as Nvidia’s post-earnings 5% decline triggered a broader chip sector pullback driven by AI spending growth concerns and rising competition. The White House’s $9.7 trillion investment portfolio highlighted TSMC among top manufacturing and semiconductor leaders benefiting from reshoring commitments.
1. Sector Pullback Triggers TSMC Decline
TSMC shares slid 3.33% on February 26 after Nvidia’s stock fell 5% despite strong earnings, sparking a sector-wide sell-off. Investor worries over the sustainability of AI capital expenditure, customer concentration risks, and intensifying competition from AMD and custom chips pressured TSMC.
2. White House Portfolio Underscores Reshoring Support
The White House’s newly disclosed $9.7 trillion investment portfolio ranks TSMC among leading manufacturing and semiconductor beneficiaries. With 52% of allocations targeting industry and manufacturing, reshoring initiatives and foreign inflows reinforce TSMC’s strategic role in national chip supply chains.