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Nasdaq 100: Chip Stocks Slide Despite TSMC Beat as US Stocks Retreat

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Nasdaq 100: Chip Stocks Slide Despite TSMC Beat as US Stocks Retreat

Nasdaq 100 slipped as chip stocks fell, with tech pressure persisting even after TSMC reported an earnings beat. The article attributes weakness to broader market risk-off in semis despite the fundamental positive. It also ties the move to what recent US retail sales signal for the outlook on demand and index direction.

Analysis

Nasdaq 100 slipped as chip stocks fell, with tech pressure persisting even after TSMC reported an earnings beat. The article attributes weakness to broader market risk-off in semis despite the fundamental positive. It also ties the move to what recent US retail sales signal for the outlook on demand and index direction.

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