Lin Shyue-Shyh purchased $3K of TSM (indirect holdings)

Taiwan's Taiex index may face downward pressure after TSMC's ADRs dropped 5.95% overnight, following a broader U.S. tech sell-off. Analyst Tony Huang cited AI spending concerns and weak earnings reports. The Taiex fell 2.49% on Friday. Foreign investors sold NT$994.3 billion in tech stocks, including TSMC, MediaTek, and Delta Electronics.

Taiwan Semiconductor Manufacturing Co. (TSMC) is considering Sherman, Texas, for a new chip fabrication plant, with reports suggesting an investment of up to $120B. TSMC's CEO stated the company is expanding to meet customer demand, with potential sites also in Central Texas. Sherman's water supply and land availability make it a strong candidate, according to local officials and reports.

Taiwan plans a $2B-$4B industrial park in Texas for suppliers of Nvidia and TSMC, with private financing and government support. The park aims to diversify supply chains and reduce geographic dependence, though details on location, timeline, and participants are not yet finalized. TSMC and Nvidia's U.S. expansions drive demand for local suppliers.

Anthropic, an AI startup, generated 48% of its 2026 revenue from partnerships with Google, Amazon, and Microsoft, up from 11% in 2023. The company reported $11.6B in Q2 sales and $974M operating profit, but faces risks from its reliance on these cloud providers, who are also competitors and investors. Anthropic's IPO will test AI sentiment among investors, with concerns about high costs and potential antitrust scrutiny.

Tech firms fell after Amazon and Intel reported earnings below expectations, while Alphabet's revenue growth slowed. Amazon and Alphabet dropped 7% and 12% respectively in after-hours trading. Intel fell 23%. Asian tech stocks also declined. Analysts cite AI investment concerns and higher funding costs. Bitcoin dropped 5% after Binance reported a $6.3B hack.

Taiwan's Taiex index fell 2.49% (1,156.50 points) to 45,211.83, led by AI-related stocks, as concerns over AI spending grew after weak U.S. tech earnings. TSMC, MediaTek, and others declined, while some safe-haven stocks rose. Foreign investors sold NT$112.47 billion net.