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- Taiwan Semiconductor (TSM) stock is dropping due to a cautious outlook from the company, which cited weakness in the smartphone and PC markets1. Additionally, a slight change to its 2024 semiconductor outlook contributed to the decline2. Furthermore, investors are factoring in less demand for electronic goods due to record-high inflation3.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 (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…
Why TSM Is Sinking Today - Yahoo Finance
See results only from finance.yahoo.comWhy Taiwan Semiconducto…
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Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) were falling …
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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.
Why Taiwan Semiconductor Manufacturing Stock Was Sliding …
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Why Taiwan Semiconductor Stock Was Sliding Today
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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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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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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