Editorial companion

What stands out

A Schwab Network Market Minute landed three compact but important notes: TSMC announced another roughly $100 billion of U.S. investment, AI chip names from Nvidia to Micron saw sharp selling, and Netflix reported quarterly results while trading near its 52-week low. Those items together capture two ideas investors should not lose sight of, capital chasing long-term chip capacity onshore, and visible, emotional selling in the same sector that power’s the AI narrative. It is a reminder that policy, supply chain money and short-term trader flows can push prices in opposite directions.