TSMC shares fall nearly 2% even after raising 2024 revenue forecast

TAIPEI (Reuters) – Taipei-listed shares of TSMC fell at the market open on Friday, even after the company raised its full-year revenue forecast and reported a market-beating net profit for the second quarter.

Shares of TSMC, the world’s largest contract chipmaker, fell 1.79%, while Taiwan’s main index opened down 0.73 percent.

(Reporting by Faith Hung; Editing by Christian Schmollinger)