AI Stock Sell-Off Turns Focus on TSMC and ASML Results

With investors growing increasingly concerned about the decline in AI-driven technology stocks, the upcoming financial results of Taiwan Semiconductor Manufacturing Co. (TSMC) and ASML Holding NV this week carry more weight than usual. As a trillion-dollar sell-off sweeps the chip sector, the performance of these two companies could provide critical clues about the overall health of the industry. TSMC and ASML, key players in the semiconductor supply chain, are among the companies that have benefited the most from the boom in AI investments. However, in recent weeks, technology stocks have experienced sharp declines due to fears of overvaluation and macroeconomic uncertainties. In this context, the earnings reports to be released by these companies will guide markets on the sustainability of AI demand. Analysts believe that the third-quarter results of TSMC and ASML will be decisive in showing whether the growth momentum in the chip sector continues. In particular, demand for ASML's lithography equipment and TSMC's capacity utilization in advanced manufacturing processes are among the indicators closely watched by investors. Market experts note that these results will serve as a reference point not only for the two companies but also for other AI-focused tech giants like Nvidia and AMD. If TSMC and ASML fail to meet expectations, the current sell-off could deepen, and a broader correction across the sector may occur. This is not investment advice.