As technology stocks are being sold off, the scale of foreign capital withdrawing from Taiwan Semiconductor's stock has reached a record high

Data shows that overseas funds sold a net of $5.8 billion worth of shares of Taiwan Semiconductor, listed in Taipei, in July, marking the largest monthly record since 2008. Due to concerns about the sustainability of the AI-related uptrend, this global leading chip foundry company — a key partner of NVIDIA — saw its stock price drop by 3.3% in July. This broke the record of nine consecutive months of increase for the stock until June, during which the stock rose by 85%