TSMC ADR up over 2%, Broadcom up 3.6%, both recoup all losses since Nov 5 selloff

The speed of this round-trip matters more than the size of the gains: chip names absorbing a sharp selloff and reclaiming all of it signals that the selling was treated as a temporary de-risking rather than a change in the AI-demand thesis. The read-across lands on the broader semiconductor complex and on AI-linked equities that sold off in sympathy, since TSMC and Broadcom sit close to the center of that supply chain. Whether the recovery holds through the next round of sector news, or proves to be a short-covering bounce, is the open question.