Tag: 7%

TSMC's shares slide nearly 7% in Taipei on global chip outlook concerns

 stock analyst  04/19/2024  0 Comments on TSMC's shares slide nearly 7% in Taipei on global chip outlook concerns

TAIPEI (Reuters) -TSMC\’s Taipei-listed shares tumbled 6.7% on Friday following the company\’s first-quarter earnings report in which it dialled back its expectations for chip sector growth and did not revise up its capital spending plans, contrary to expectations.