Why Taiwan Semiconductor Manufacturing Stock Is Falling Today

Taiwan Semiconductor Manufacturing (TSM -0.90%) stock is losing ground again in Tuesday's trading. The chip foundry leader's share price was down 0.4% as of 2 p.m. ET amid the backdrop of a 0.1% gain for both the S&P 500 and the Nasdaq Composite. Notably, the stock had been up as much as 4.3% earlier in the session.TSMC initially rose today thanks to investor hopes for relief on tariffs, but broader-market sentiment turned negative again as the day progressed and has dragged its share price lower. The stock ...