Why Taiwan Semiconductor Stock Was Up on Tuesday, While Arm Holdings and Micron Stocks Slumped

A flurry of good news wasn't enough to keep all these chip stocks above water today.The semiconductor industry has seen a flurry of activity over the past year or so. There has been generally positive momentum for stocks in the space, thanks in large part to recent developments in artificial intelligence (AI). The rise of these advanced algorithms is dependent on the most advanced processors, providing a lift for the entire sector.However, stocks in the space have risen rapidly over the past year, sometimes ...