Why Taiwan Semiconductor Manufacturing Company Shares Are Falling

Taiwan Semiconductor Mfg. Co. Ltd. TSM shares are trading lower by 4.37% to $85.39 going into the close of Friday's session. The stock may also be pulling back after recent strength and be under pressure amid China-Taiwan tensions.

What Else Is Going On In Asia?

U.S. Treasury Secretary Janet Yellen gave a speech on the U.S.-China economic relationship at the School of Advanced International Studies at Johns Hopkins University in Washington on Thursday. 

In her prepared remarks, Yellen advocated for a constructive and fair U.S. economic relationship with China in order to foster growth and innovation in both countries...Read More

According to data from Benzinga Pro, TSM has a 52-week high of $106.43 and a 52-week low of $59.43.