TSMC stock slides following Q1 earnings on industry caution from management

Shares of Taiwan Semiconductor Manufacturing Company (TSM) are falling after the company posted its first quarter earnings. While the company posted a net profit of $6.97 billion, beating Wall Street expectations, company leadership cut its forecast for the overall market growth, excluding memory chips, in 2024 down to 10%.
Yahoo Finance Anchors Julie Hyman and Myles Udland break down why TSMC's results are rattling the chip space.
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Видео TSMC stock slides following Q1 earnings on industry caution from management канала Yahoo Finance