Why Is Taiwan Semiconductor Manufacturing Company Limited (TSM) Stock Down Today?

Summary

Taiwan Semiconductor Manufacturing Company Limited (TSM) is trading down -6.69% at $415.17, reflecting a negative shift in investor sentiment today. The stock opened at $429.77 and has moved between $412.79 and $433.90 so far.

Trading volume is 19007222, which is 40% above its average, and the price action suggests selling interest.

Technically, TSM is trading above its 50-day moving average of $385.65 and above its 200-day moving average of $324.37, indicating short-term and long-term strength.

Analyst sentiment is bullish. Meyka's AI assigns TSM a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -22.88% in 1 month ($320.16), -35.53% in 1 year ($267.66), and -1.32% in 5 years ($409.69).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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