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5 hours ago · Taiwanese giant TSMC tumbled with several other leading chip makers Friday as traders returned from a typhoon-imposed two-day break to play catch-up with a global tech rout.The rally in all things tech helped TSMC, which is also listed in New York, to briefly break the US$1 trillion market capitalisation barrier this month, putting it ahead of Tesla as the seventh most valuable technology firm.
5 hours ago · (Bloomberg) -- A selloff in Taiwan Semiconductor Manufacturing Co. shares looks almost inevitable when trading resumes after a two-day typhoon break, during which global investors dramatically soured on the promises of artificial intelligence. Investors sold off US Big Tech stocks over the past ...
5 hours ago · TSM. (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. shares fell the most in three months as trading resumed in Taiwan after a two-day typhoon break, joining a global tech rout as investors ...
5 hours ago · Published. Jul 26, 2024, 11:02 AM. HONG KONG - Taiwan Semiconductor Manufacturing Co. (TSMC) shares fell the most in three months as trading resumed in Taiwan on July 26 after a two-day typhoon ...
5 hours ago · On resuming trade Friday, TSMC tanked 6.5 percent at the open, its steepest drop in three months, according to Bloomberg. The firm was among several chip makers to suffer, with ASE Technology off nearly 10 percent, MediaTek and UMC each shedding more than two percent. That dragged the broader market down, with the Taiex off more than three percent.
5 hours ago · After TSMC released its Q3 guidance at the earnings call last week, eyeing for at least a 7.5% revenue growth, it is now said that the foundry giant has got another major boost for the following quarters.
5 hours ago · 26 Jul 2024, 12:05 pm. (July 26): Taiwan Semiconductor Manufacturing Co (TSMC) shares fell the most in three months, as trading resumed in Taiwan after a two-day typhoon break, joining a global tech rout as investors dramatically soured on the promises of artificial intelligence (AI).
