Why is Novo Nordisk stock sliding today?

Taiwan Semiconductor Manufacturing is experiencing a surge in its stock price today, reflecting positive market momentum for the company. Conversely, Novo Nordisk is seeing its stock slide, indicating a downward trend in its current valuation. These opposing movements highlight the differing trajectories of the two companies within the global market today, as investors react to specific developments affecting the semiconductor industry and the pharmaceutical sector respectively, leading to these distinct financial outcomes.