Taiwan AI Stocks Slide on Rumors That Nvidia Cut Chip Orders by 30%

Shares of Taiwanese server makers and foundries fell sharply following unconfirmed reports that Nvidia reduced chip orders by 30%. While Nvidia has not confirmed the figures, some supply chain commentators attributed the market volatility to general anxiety over the chipmaker's leadership and tightening US export controls, with TSMC down 2.3% and the broader Taiwan market closing 2.6% lower.