TSMCs Taipeilisted shares slide 6% on global chip outlook concerns Yahoo Finance
News Source : Yahoo Entertainment
News Summary
- Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, forecast second-quarter sales may rise as much as 30%
- Its first-quarter profit also beat estimates
- But it left its capital spending plans for this year unchanged at between $28 billion and $32 billion
TAIPEI (Reuters) Taipeilisted shares of TSMC fell more than 6% on Friday following the companys firstquarter earnings report where it retained its capex and fullyear revenue guidance and flagged [+2174 chars]