Business

TSMC Reports Record Quarter, Faces High Expectations

Updated 2026-07-16 09:40 UTC 1 source Neutral

Taiwan Semiconductor Manufacturing Company (TSMC) reported a record quarter but faced high expectations from fund managers. The stock declined as investors sold to lock in profits.

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MarketWatch

TSMC posts record quarter — but expectations are now ‘exceptionally high,’ says fund manager

TSMC’s stock declined in New York as investors likely sold the good news to lock in profit.

2026-07-16 09:32 UTC