WS #12223
TSMC Q2 beat overshadowed by margin pressure and higher capex; Alphabet falls on Gemini 3.5 Pro delay; semiconductor ETF sees bearish options activity. Apple climbs toward all-time highs on AI demand; Microsoft hits $3T; Jefferies sees upside from Qwen-Apple integration; contrasting with AI hardware weakness.
AI Hardware Selloff
TSMC Q2 beat overshadowed by margin pressure and higher capex; Alphabet falls on Gemini 3.5 Pro delay; semiconductor ETF sees bearish options activity.
Apple climbs toward all-time highs on AI demand; Microsoft hits $3T; Jefferies sees upside from Qwen-Apple integration; contrasting with AI hardware weakness.