Why TSMC (TSM) Dipped More Than Broader Market Today
TSMTSMC(TSM) ZACKS·2024-08-27 21:14

TSMC (TSM) closed the most recent trading day at $169.07, moving -1.29% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.32%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.85%.Heading into today, shares of the chip company had gained 5.77% over the past month, outpacing the Computer and Technology sector's loss of 1% and the S&P 500's gain of 1.52% in that time.The upcoming earnings release of TSMC will be of great interest to investor ...