TSMC Posts Record Quarter Amid High Expectations

TSMC reported a record-breaking quarter, but its stock declined in New York as investors likely sold off shares to lock in profits, with fund managers noting 'exceptionally high' expectations.

16 Jul, 09:32 — 16 Jul, 09:32

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marketwatchMostly Factual40d ago

TSMC posts record quarter — but expectations are now ‘exceptionally high,’ says fund manager

TSMC’s stock declined in New York as investors likely sold the good news to lock in profit.

By Nora Redmond

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PERSPECTA

TSMC Posts Record Quarter Amid High Expectations

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TSMC posts record quarter — but expectations are now ‘exceptionally high,’ says fund manager

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