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Taiwan Semiconductor Manufacturing Co's logo is seen while people attend the opening of the TSMC global R&D centre in Hsinchu, Taiwan, July 28, 2023. Ann Wang
Taiwan Semiconductor Manufacturing Co's logo is seen while people attend the opening of the TSMC global R&D centre in Hsinchu, Taiwan, July 28, 2023. Ann Wang
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TSMC shares fall nearly 2% even after raising 2024 revenue forecast

July 19th, 2024 | 01:08 AM TECH Technology 1

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By Reuters

Taipei-listed shares of TSMC (2330.TW) 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 (.TWII) opened down 0.73 percent.

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