Why TSMC Stock Gained Despite Huge Sell-Offs for Chip Companies Today
TSMC's quarterly results were great, but the market also had some huge risk factors to weigh.Semiconductor stocks were hit hard in Thursday's trading, but Taiwan Semiconductor Manufacturing (TSM 0.39%) stock managed to end the day in the green. The chip company's share price closed out the daily session up 0.4%, according to data from S&P Global Market Intelligence.TSMC posted second-quarter results after the market closed yesterday, delivering sales and earnings for the period that beat Wall Street's expec ...