Taiwan Semiconductor Posts 34% Q2 Revenue Growth; Analyst Raises Price Target On ‘Highly Bullish’ Investment Outlook
Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) stock falls amid global AI selloff despite strong Q2 results and bullish outlook from analyst.
Why It Matters
Taiwan Semiconductor had a great quarter with revenue jumping 34%, and an expert thinks the company looks really promising. Even though the stock price went down today because of broader market worries, the strong results show the company is doing well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.