TSM Jun 2024 55.000 put
| Previous close | 0.0400 |
| Open | 0.0400 |
| Bid | 0.0000 |
| Ask | 0.3300 |
| Strike | 55.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.0400 - 0.0400 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.3k |
- Yahoo Finance Video
TSMC stock slides 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. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Chip sector enters correction territory on demand concerns
The semiconductor industry has come under significant pressure in recent months, with chip stocks such as Nvidia (NVDA) and the broader Philadelphia Stock Exchange Semiconductor Index (^SOX) declining more than 10% from their record highs. This selloff has pushed the overall chip sector into correction territory. The downturn in chip stocks comes from growing concerns about the long-term demand outlook for semiconductors. Yahoo Finance's Seana Smith and Madison Mills breaks down the details. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith
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