Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Taiwan Semiconductor Stock Was Pulling Back Today

TheMotleyFool

0 0

Why Taiwan Semiconductor Stock Was Pulling Back Today: https://g.foolcdn.com/editorial/images/790273/taiwan-semiconductor-tsmc-fabrication-of-semiconductor-chip-wafers_tsmc.jpg

Shares of Taiwan Semiconductor (NYSE: TSM) were moving lower today after the chip manufacturing giant posted slowing revenue growth in its August update.

Though its growth rate was still strong, it marked a deceleration from July, and that news was enough to push the stock lower.

As of 10:46 a.m. ET, the stock was down 2.6%.

Source Fool.com