What Is Going on with Taiwan Semiconductor Stock on Wednesday?
Taiwan Semiconductor Manufacturing Company (TSM) stock slides despite raising its capex budget to expand 3nm and 2nm production ahead of schedule.
TSM is spending more money to make faster computer chips sooner, but its stock price went down anyway. This shows that sometimes good plans don't make investors happy right away—watch if the company actually delivers those faster chips on time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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