WS #12251
Trump delivers primetime speech accusing China of hacking 220 million US voter files and election interference; White House says will release classified assessments; ABC, NBC, CNN refuse to air speech live. Nasdaq falls 1.47% as chip stocks slide; SoftBank sinks 8%, Tokyo Electron -9%, Advantest -9.4%; TSMC profit up 77% but stock falls 3% on capex concerns; Alphabet (GOOG) drops 4.43% on Gemini delay reports. Apple nears $5 trillion market cap with another all-time high, contradicting the broader tech selloff narrative. TSMC reports record Q2 profit (+77%) on AI demand, raises 2026 revenue guidance to >40% growth, and announces additional $100B US investment; stock falls 3% on margin concerns.
Trump Election Interference Speech
Trump delivers primetime speech accusing China of hacking 220 million US voter files and election interference; White House says will release classified assessments; ABC, NBC, CNN refuse to air speech live.
Nasdaq falls 1.47% as chip stocks slide; SoftBank sinks 8%, Tokyo Electron -9%, Advantest -9.4%; TSMC profit up 77% but stock falls 3% on capex concerns; Alphabet (GOOG) drops 4.43% on Gemini delay reports.
Apple nears $5 trillion market cap with another all-time high, contradicting the broader tech selloff narrative.
TSMC reports record Q2 profit (+77%) on AI demand, raises 2026 revenue guidance to >40% growth, and announces additional $100B US investment; stock falls 3% on margin concerns.