On November 10, reports indicated that TSMC's October sales hit NT$367.47 billion, reflecting a 16.9% year-on-year increase. This marked the slowest growth rate since February 2024. On average, analysts project that TSMC's sales will see a 27.4% rise this quarter. The deceleration in TSMC's revenue growth could signal that AI demand is steadily normalizing after initial signs of a market bubble surfaced. Despite this, TSMC's stock price has climbed roughly 37% since the start of the year. Recently, as investor worries about inflated valuations in the tech sector have grown, global tech stocks faced a sell-off last week. Several Wall Street CEOs cautioned about an impending market correction. Additionally, Scion, the hedge fund run by 'The Big Short' investor Michael Burry, revealed a short position on Nvidia. Nevertheless, industry leaders continue to hold an optimistic outlook on AI-fueled growth.