very likely cause further Fed rate hike expected,plus China just released low economic GDP...TA show downtrend

12inch semiconductor wafer fab manufacturing is highly complex with huge capital risk.Wafer qualification process alone take high effort and time(mask layout plan,reliability testing,yield stability,etc).Globally,only select few companies successfully achieved such economic of scale production.Foundry industry market leader like TSMC also used many yrs,large capital(partnership & invest EV tools,etc)& overcome process tech challenges to achieve stable yield success today.

normal,institutional investor play with big capital & small gain in short time..

Speculation effect...

what go up,must come down..

hmm...past few days,their top executives and shareholders are choking up shares like crazy... speculation before QR?

may I know on what basis,is consider a discount?