Technology stocks were rising pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.9% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 3.7%.
Taiwan Semiconductor Manufacturing (TSM) plans to raise prices for both advanced and mature chip manufacturing by up to 10% beginning in 2027, Nikkei Asia reported, citing multiple unnamed sources. Shares of Taiwan Semiconductor Manufacturing were up more than 3% premarket.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments