TSMC’s record-breaking quarter somehow triggers a 7.3% stock plunge and an Asian chip selloff
Crypto Briefing·Jul 17, 2026·2 sources·negative
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TSMC's record Q2 2026 revenue of $40.2B led to a 7.3% stock price drop and a broader Asian chip selloff.
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A selloff in Asian chip stocks gathered pace, as TSMC’s strong results failed to clear investors’ lofty expectations, stoking worries over heavy spending and a weaker outlook for profitability. https://t.co/vvNBYsOLbX
@business
Jul 17, 2026
TSMC’s record-breaking quarter somehow triggers a 7.3% stock plunge and an Asian chip selloff
Crypto Briefing
Jul 17, 2026