The CPI and PPI figures for next week will be the key. If they are good, you'll see a nice pop in the market, if not, oh, oh. In addition to the overall market jitters, TSM must contend with the ongoing insider trading scandal involving the Taiwanese President and his family. He is a hindrance to Taiwan. We are receiving very little coverage here in the US. But I can tell you that the Taiwanese market is very volatile, more so than here in the US.
In any event, Wall Street does everything to an excess. When a solid company like TSM reports great sales, they kick it around.