Woofun AI data shows that TSMC's strong pre-market performance failed to lift the semiconductor sector, as investors reassessed AI return timelines amid higher capital expenditure guidance. TSMC reported a 67.7% gross margin and increased its capital expenditure forecast to $60-$64 billion, which the market interpreted as spending expansion rather than growth support.

Major U.S. technology equities declined in morning trading, including Tesla down 0.86%, Amazon down 1.99%, NVIDIA down 2.40%, Meta down 2.46%, and Google Class A down 4.44%.