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Stock impact report

Taiwan Stocks See $5 Billion Outflows as AI Hype Takes Breather [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
(Bloomberg) -- Taiwanese stocks are set to see the largest monthly outflow in six months as concerns grow that the market's artificial intelligence-driven rally has reached a short-term peak. Most Read from Bloomberg Tesla Soars on Tentative China Approval for Driving System Stocks Trade for 390 Minutes a Day. Increasingly, Only 10 Matter US Warns ICC Action on Israel Would Hurt Cease-Fire Chances Yen Sparks Intervention Suspicion After U-Turn From 1990 Lows What 60,000 Headlines Say About the Fed's Next Move Overseas money managers withdrew $4.9 billion from local shares in April as of Monday close, Bloomberg-compiled data show. That would be the biggest net outflow since October last year. The benchmark Taiex Index has advanced less than 1% so far in April, compared to at least 6% gains in the previous two months. A monthslong rally in Taiwanese stocks has started to lose steam as Taiwan Semiconductor Manufacturing Co. — which accounts for more than 30% of Taiex — c Show less Read more
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