$NVIDIA(NVDA.US)$Taiwan Semiconductor(TSM.US)

The drop is quite severe, but the performance hasn't collapsed. TSMC still has solid earnings (geopolitical factors also play a role).

This round of sharp decline is a valuation correction, with profit-taking causing a stampede.

I believe those trapped in the rapid drop shouldn't panic. Sharp declines usually see rebounds. For Nvidia, wait until the August earnings report. If there are no major geopolitical or trade issues, it should bounce back significantly.