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Why Taiwan Semiconductor Manufacturing Is Falling Today

TheMotleyFool

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Why Taiwan Semiconductor Manufacturing Is Falling TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/32e7a10f-efd0-424a-861f-2f3e0bb7ce02.png

Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) were falling 4% in morning trading Monday at 10:37 a.m. on no company-specific news, but the stock has been on a tear so far this year, up 22% year to date.

In a notable mention last week, Apple (NASDAQ: AAPL) CEO Tim Cook told analysts during the tech giant's fiscal first quarter earnings conference call that the company was "all in" on being Taiwan Semiconductor's largest customer at its new Arizona facilities.

Image source: Getty Images.

Source Fool.com

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