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Taiwan Semiconductor (TSM) Stock Drops 3% Even After a Record Quarter

By Trader Edge at 2026-11-06 14:33

Sentiment: Positive

TLDR TSM stock was down $15.12, or 3%, on Thursday despite a third-quarter beat. Net profit rose 68.7% to NT$763.1 billion, topping the NT$746.34 billion estimate. Revenue grew 41.2% to NT$1.49 trillion, ahead of the NT$1.47 trillion forecast. Operating margin came in at 58.7%, above the top of TSMC’s guidance range. TSMC is reportedly weighing [...] The post Taiwan Semiconductor (TSM) Stock Drops 3% Even After a Record Quarter appeared first on CoinCentral. Continue reading...

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