Why TSMC Stock Tumbled Early Wednesday
Dutch semiconductor equipment manufacturer ASML (NASDAQ: ASML) warned investors Wednesday its sales might not grow at all in 2026, sparking worries the artificial intelligence (AI) revolution might not be as inevitable as investors thought -- and sparking a brief sell-off in shares of contract chip manufacturer Taiwan Semiconductor Manufacturing (NYSE: TSM).
Shares of TSMC tumbled more than 4% in early trading before making up most of their losses by noon ET. As of 12:10 p.m. ET, TSMC stock is down only 0.2%.
Image source: Getty Images.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Aktie
284,00 €
-0,70 %
Die Community bevorzugt klar Taiwan Semiconductor Manufacturing Co. Ltd. ADR mit vielen Buy- und nur wenigen Sell-Einschätzungen.
Ein leicht positives Potenzial wird für Taiwan Semiconductor Manufacturing Co. Ltd. ADR mit einem Kursziel von 300 € im Vergleich zu 284.0 € gesehen.
