| Previous close | 0.9800 |
| Open | 1.4600 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 110.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.9300 - 1.4900 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Reuters
UPDATE 5-Taiwan rattled by more than 200 quakes, but no major damage
Taiwan's quake-hit eastern county of Hualien was rattled by more than 200 aftershocks late on Monday and early on Tuesday, but only minor damage was reported and no casualties and major chipmaker TSMC said it saw no impact on operations. Largely rural and sparsely populated Hualien was hit by a 7.2 magnitude earthquake on April 3 that killed at least 17 people, and there have been more than 1,000 aftershocks since.
BloombergTSMC’s 13% Rout May Have Further to Go, Options Traders Indicate
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. options traders are contending with a rising wave of bearishness following the chipmaker’s cautious guidance and concerns about whether the artificial-intelligence trade is unwinding. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo E
- Yahoo Finance Video
Outside of AI, chip sector is 'not all that great': Analyst
Shares of Super Micro Computer (SMCI) fell sharply Friday after the company opted not to pre-announce its first-quarter results. This development comes as the semiconductor sector undergoes a sector-wide correction. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins Market Domination to provide insights into this situation. Rasgon acknowledges that while the chip sector is undergoing a correction, "outside of AI" the industry has not been performing well. He notes that other segments of the sector, such as automotive, data centers, PCs, and smartphones, "are not all that great," which could be contributing to the sector-wide pressure, in addition to the disappointing earnings from major players. Rasgon shifts the focus to the question of "the pace of the recovery," noting that the stocks have held up "remarkably" despite the revisions, suggesting this is "a delayed reaction." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
