$Taiwan Semiconductor Manufact

$Taiwan Semiconductor Manufacturing(TSM)$ Where did the price went down?

Will TSM Go Back to $120 After Earnings?

Revenue was $18.87 billion, increasing 12.9% year-on-year, above management's guidance range of $18-18.8 billion, even topped analysts' consensus estimate of $17.95 billion! But on the earnings call, management implies the growth potential of semiconductor may be limited. The stock lost 5% yesterday. ---------------- After impressive earnings, will TSM go back to $120 due to the concerns?

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Farren Nathan
04-19
Farren Nathan
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