Sentiment: Positive
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Why Is Taiwan Semiconductor (TSM) Stock Down After a Record Quarter?
By Trader Edge at 2026-11-01 15:37
Sentiment: Positive
TLDR TSM stock closed at $422.25 on Thursday, down 2%, as chip stocks sold off. TSMC posted its sixth straight record quarter, with profit up nearly 69% and revenue up about 50%. Q4 revenue is guided to $52.3 billion to $54.3 billion, about 58% growth from a year ago. The 2026 capital budget stays at [...] The post Why Is Taiwan Semiconductor (TSM) Stock Down After a Record Quarter? appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central