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  3. Shares of Taiwan Semiconductor (TSM -1.13%) 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. As a result, the stock was down 3.1% as of 11:19 a.m. ET on Thursday.
    www.fool.com/investing/2024/04/18/why-taiwan-se…
    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…
    Meanwhile, TSM shares have fallen 32.6% in 2022 as investors factor in less demand for electronic goods from consumers battling record-high inflation that has shrunk their disposable incomes.
    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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    Taiwan Semiconductor Manufacturing said it was boosted by demand for AI chips but gave a more muted view for the rest of the chips sector.

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