Semiconductor Stocks Slide Following Qualcomm Verdict and TSM Weakness

Key Facts

1A Delaware jury verdict against Qualcomm intensified a broad selloff across the semiconductor sector.

2Shares of Taiwan Semiconductor Manufacturing Company (TSM) slipped amid general sector-wide selling pressure.

A Delaware jury verdict against Qualcomm intensified a broad selloff across the semiconductor sector. According to 247wallst.com, the legal decision added to existing pressure on chip stocks, causing shares of Taiwan Semiconductor Manufacturing Company (TSM) to slip amid general market weakness.

QCOM closed at $178.40 on October 15, 2026, having touched a session low of $168.84. Meanwhile, TSM was trading at $412.50 on October 16, 2026, as the company faced sector-wide selling pressure despite its recent history of record earnings.