TAIPEI (Reuters) – Shares of Taiwanese chipmaker TSMC slumped more than 3% on Friday after the world’s largest contract chipmaker flagged a 10% drop in 2023 sales and said production due to start next year at its first plant in Arizona would be delayed.
Taiwan Semiconductor Manufacturing Co Ltd’s shares underperformed a 1.65% fall in the broader index.
(Reporting By Yimou Lee and Sarah Wu; Editing by Anne Marie Roantree and Shri Navaratnam)