TSMC shares fall nearly 2% even after raising 2024 revenue forecast


TAIPEI: Taipei-listed shares of TSMC fell at the market open on Friday, even after the company raised its full-year revenue forecast and reported a market-beating net profit for the second quarter.

Shares of TSMC, the world's largest contract chipmaker, fell 1.79%, while Taiwan's main index opened down 0.73 percent.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

TSMC , semiconductor , profit , forecast

   

Next In Business News

Malaysia's private non-financial sector's credit growth moderated to 4.8% in September
US tariffs on China to have mixed impact on Asean economies - OCBC
Minox International proposes 1-for-2 bonus issue of warrants
UBS posts bigger-than-expected net profit in third quarter
China and Hong Kong stocks drop as US election risks loom
StanChart third-quarter profit more than doubles on strong wealth growth, raises guidance
Bursa Malaysia's net profit jumps 42% to RM85.74mil in 3Q as ADV climbs
FBM KLCI slides as US election jitters mount
Australian dollar stuck near three-month lows on mixed inflation data
Axis-REIT raises RM449.73mil from private placement

Others Also Read