Cut Is Partial

The 30% figure proves directionally correct but exaggerated, reflecting timing shifts tied to VR200 rack delays, PCB constraints, and customer data-center bottlenecks rather than a collapse in AI accelerator demand. Taiwan AI shares remain volatile, but the market starts distinguishing between deferred shipments and canceled demand.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.