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Today Taiwan Semiconductor Manufacturing Co (NYSE: TSM) stock opened lower premarket following U.S. President Joe Biden's withdrawal from the 2024 Presidential race. Biden announced his decision through a social media post after a disappointing debate performance and growing pressure from fellow...
GEOPOLITICAL CONCERNS AND
U.S. MARKET IMPACT:
TSMC shares fell by 3.5% on Friday, influenced by ongoing geopolitical tensions and a sharp decline in U.S. markets.
Despite strong earnings, the tech-heavy Nasdaq experienced its biggest one-day drop since December 2022, and the chip sector saw...
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