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- Shares of Taiwan Semiconductor (TSM) have dropped due to a cautious outlook from the company, which cited weakness in the smartphone and PC markets1. Despite strong earnings results, TSM made a slight change to its 2024 semiconductor outlook, leading to the decline in stock price2. Additionally, Samsung Electronics' announcement that it had started manufacturing 3-nm chips at scale ahead of TSMC also impacted the stock3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Shares of Taiwan Semiconductor (NYSE: TSM) were heading lower today after the world's largest semiconductor manufacturer posted strong results in the first quarter but offered a cautious outlook due to weakness in the smartphone and PC markets.finance.yahoo.com/news/why-taiwan-semiconduct…So why is Taiwan Semiconductor stock lower? Despite the strong earnings results from TSM, the semiconductor stock, as noted, is trading notably lower today. The reason for this, according to several media reports, is that the company made a slight change to its 2024 semiconductor outlook.www.kiplinger.com/investing/stocks/why-taiwan-se…The Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) stock price has fallen 32.6% in 2022 and was trading lower today during the premarket session after Samsung Electronics revealed that it had started manufacturing 3-nm chips at scale ahead of TSMC.www.asktraders.com/analysis/why-taiwan-semicon…
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Apr 18, 2024 · TSM beat analysts' estimates for Q1 2024 but lowered its growth outlook for 2024. The stock dropped despite strong demand for its 3nm and 5nm technologies and AI processors.
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Apr 18, 2024 · TSMC beat estimates and raised guidance, but warned of headwinds in smartphones and PCs. The stock was down 3.1% as of 11:19 a.m. ET on Thursday, despite strong demand for 5nm and 3nm chips.
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Oct 28, 2024 · Reuters reported that Taiwan Semiconductor, better known as TSMC, has suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor. Huawei is...
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Aug 24, 2023 · Taiwan Semiconductor Manufacturing (TSM -1.22%) stock is losing a bit of ground in Thursday's trading. The semiconductor fabrication leader's share price is down 1.2% as of 11:30 a.m. ET,...
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Jul 17, 2024 · TSMC and Nvidia shares slump after Trump’s Taiwan comments, reports of new China restrictions. Major semiconductor companies are seeing their stock prices fall today in premarket trading, likely...
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