Why Taiwan Semiconductor Stock Was Pulling Back Today
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