Previous Close | 132.27 |
Open | 129.37 |
Bid | 0.00 x 1000 |
Ask | 0.00 x 900 |
Day's Range | 126.64 - 131.55 |
52 Week Range | 81.21 - 158.40 |
Volume | |
Avg. Volume | 15,806,695 |
Market Cap | 666.479B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 25.29 |
EPS (TTM) | 5.08 |
Earnings Date | N/A |
Forward Dividend & Yield | 2.05 (1.55%) |
Ex-Dividend Date | Jun 13, 2024 |
1y Target Est | 147.24 |
Shares of Taiwan Semiconductor Manufacturing Company (TSM) are falling after the company posted its first quarter earnings. While the company posted a net profit of $6.97 billion, beating Wall Street expectations, company leadership cut its forecast for the overall market growth, excluding memory chips, in 2024 down to 10%. Yahoo Finance Anchors Julie Hyman and Myles Udland break down why TSMC's results are rattling the chip space. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
The stock market suffered significant losses for the week, with ASML and Taiwan Semiconductor slamming the chip sector. Tesla was a big loser.
Taiwan Semiconductor Manufacturing (TSM) returned to sales and earnings growth after four consecutive quarters of declines on a year-over-year basis.