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What's Up With Taiwan Semiconductor Today?

May 17, 2021 11:05 am
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Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) shares are trading lower amid a significant COVID-19 outbreak in Taiwan.

Taiwan Semiconductor, or TSMC, is the world's largest dedicated chip foundry, with over 58% market share in 2020 per Gartner.

Taiwan Semiconductor's stock was trading 2.7% lower at $109.39. The stock set a new 52-week high of $142.20 and has a 52-week low of $49.61.

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