Seeking Alpha(@SeekingAlpha):Asian tech benchmarks fell into bear market territory Friday as a selloff in AI-related stocks erased $2.5T from the Nasdaq 100. $QQQ $SMH $EWT A blue sweep in the U.S. midterm elections sparked fears that tighter regulation could slow massive AI data center construction. Friday's moves: SoftBank = down ~11% $TSM = down 5%, pulling Taiwan's benchmark index into a bear market TSMC: Profitability grade = A+ Gross margin = above 65% Revenue growth = over 36% Forward PEG ratio = 0.46 Seeking Alpha Quant Rating for TSMC: Strong Buy. Seeking Alpha Quant Rating for SoftBank: Hold. Solid balance sheets will determine which chipmakers weather regulatory shifts. Is this bear market a buying opportunity for TSMC?

2026.11.06 17:51

Asian tech benchmarks fell into bear market territory Friday as a selloff in AI-related stocks erased $2.5T from the Nasdaq 100. $QQQ $SMH $EWT A blue sweep in the U.S. midterm elections sparked fears that tighter regulation could slow massive AI data center construction. Friday's moves: SoftBank = down ~11% $TSM = down 5%, pulling Taiwan's benchmark index into a bear market TSMC: Profitability grade = A+ Gross margin = above 65% Revenue growth = over 36% Forward PEG ratio = 0.46 Seeking Alpha Quant Rating for TSMC: Strong Buy. Seeking Alpha Quant Rating for SoftBank: Hold. Solid balance sheets will determine which chipmakers weather regulatory shifts. Is this bear market a buying opportunity for TSMC?