Asian markets fall as chipmakers weigh on stocks despite TSMC gains |…

TSMC reported record 77% profit growth but failed to arrest a broader chipmaker selloff across Asia, with Samsung and SK Hynix down 6–9% and memory equipment suppliers like ASML also declining despite raising guidance. Investors rotated from chips into bonds and US tech stocks as US inflation cooled, reducing near-term Fed rate-hike odds to 10%. Even record profits from TSMC can't stop your chip customer's stock from falling—which means the capex cycle that funded your equipment or supply business may be shorter than the guidance suggests. When memory makers start missing, the pullback cascades to everyone who sold them tools.