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- Thoughtajuster3Thoughtajuster3
  ·01-18
  Great ariticle, would you like to share it?
  U.S. Stocks Open Mixed on Thursday; Semiconductor Stocks Jump With TSMC up 8%
  U.S. Stocks Open Mixed on Thursday; Semiconductor Stocks Jump With TSMC up 8%
  U.S. Stocks Open Mixed on Thursday; Semiconductor Stocks Jump With TSMC up 8%
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The Dow Jones Industrial Average underperformed, losing 108 points, or 0.3%.</p><p>TSMC reported fourth-quarter profit that fell 19% from a year earlier but still topped analysts’ expectations. Revenue in U.S. dollars fell 1.5% in the quarter to $19.62 billion but rose but 13.6% from the third quarter. U.S.-listed shares of the Taiwan-based chip maker were up 8.3% after Taiwan Semiconductor said it expects revenue growth this year of at least 20%, more than double the rate of the wider chip market. </p><p>Semiconductor stocks gained as TSMC beat Q4 top and bottom line estimates. 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