Why Intel Stock Rose Despite Bearish Momentum for Artificial Intelligence (AI) Stocks Today [Yahoo! Finance]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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tsmc.com/english/investorrelations/index.htm
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Source: Yahoo! Finance
Advanced Micro Devices also barely managed to buck the bearish trend for AI stocks today, with shares up 0.97%. There's a shared reason why Intel and AMD gained ground despite valuation pullbacks for other high-profile companies with substantial exposure to artificial intelligence trends. Why are most AI stocks falling today? Despite the S&P 500 Nasdaq Composite , and Dow Jones indexes all ending in the green, many AI stocks saw significant pullbacks in today's trading. The reason for the pullback likely stems from another development in the rise of tensions and the tech-centered power struggle between China and Western powers. In a visit to the Netherlands today, Chinese president Xi Jinping told Dutch Prime Minister Mark Rutte attempts to restrict his country's technological rise would not be successful. Xi's comments came on the heels of moves from the U.S. and the Netherlands to limit China's access to chip fabrication equipment. Most notably, this meant that ASML 's most
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TSM
News
- Can Taiwan Semiconductor Afford Its $30 Billion in Long-Term Debt? [Yahoo! Finance]Yahoo! Finance
- SMH: More AI-Related Catalysts Ahead, Buy The Dip [Seeking Alpha]Seeking Alpha
- EM Stocks Head for Best Week Since July on US Tech Spillover [Yahoo! Finance]Yahoo! Finance
- EM Stocks Head for Best Week Since July on US Tech Spillover [BNN Bloomberg (Canada)]BNN Bloomberg
- Huawei's latest chip is a slightly improved version of its old chip. [Verge, The]Verge, The
TSM
Earnings
- 4/19/24 - Beat
TSM
Sec Filings
- 4/25/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 6-K
- TSM's page on the SEC website