TSMC posts strong third-quarter results, but shares drop amid AI selloff

Taiwan Semiconductor Manufacturing Co. today posted better-than-expected financial results for the third quarter, but its shares nevertheless dropped 2%. The dip is tied to a broader selloff in artificial intelligence stocks. Investors started offloading shares on Wednesday in response to an X post about the debt load of CoreWeave Inc., an AI cloud provider. The […] The post TSMC posts strong third-quarter results, but shares drop amid AI selloff appeared first on SiliconANGLE.