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Wajeeh Khan

Profit Surged at TSMC. Why Is the Stock Still Falling After Earnings?

TSM TSMC Taiwan Semiconductor

Investors are bailing on Taiwan Semiconductor (TSM) shares today, even after the company posted blockbuster earnings for its first quarter. 

The world’s largest foundry saw its profit increase by 58% year-over-year as revenue climbed to a record on insatiable artificial intelligence (AI) demand. 

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