Why TSMC Stock Gained Despite Huge Sell-Offs for Chip Companies Today
TSMTSMC(TSM) The Motley Fool·2024-07-19 06:50

TSMC's quarterly results were great, but the market also had some huge risk factors to weigh.Semiconductor stocks were hit hard in Thursday's trading, but Taiwan Semiconductor Manufacturing (TSM 0.39%) stock managed to end the day in the green. The chip company's share price closed out the daily session up 0.4%, according to data from S&P Global Market Intelligence.TSMC posted second-quarter results after the market closed yesterday, delivering sales and earnings for the period that beat Wall Street's expec ...