Future Tech

TSMC shares fall more than 3% after it flags full-year sales drop

Tan KW
Publish date: Fri, 21 Jul 2023, 11:06 AM
Tan KW
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Future Tech

TAIPEI - Shares of Taiwanese chipmaker TSMC slumped more than 3% on Friday after the world's largest contract chipmaker flagged a 10% drop in 2023 sales and said production due to start next year at its first plant in Arizona would be delayed.

Taiwan Semiconductor Manufacturing Co Ltd's shares underperformed a 1.65% fall in the broader index.

 


  - Reuters

 

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