TSMC shares fall nearly 2% even after raising 2024 revenue forecast

Taipei-listed shares of TSMC dropped 1.79% at Friday's market open, despite the company raising its full-year revenue forecast and reporting a market-beating net profit for Q2, with Taiwan's main index opening down 0.73%.

By Reuters | Updated: Jul 19, 2024, 07.43 AM IST

Taipei-listed shares of TSMC fell at the market open on Friday, even after the company raised its full-year revenue forecast and reported a market-beating net profit for the second quarter.

Shares of TSMC, the world's largest contract chipmaker, fell 1.79%, while Taiwan's main index opened down 0.73 percent.

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