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TSMC Falls, Kioxia Dips, Seven & I Gains
Published 3 months ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Broad losses in Asia’s chip sector as shares of TSMC fell 7.3% in Taipei after the world’s largest contract chipmaker raised its spending and revenue projections for the year.
- Kioxia shares declined as much as 14.3%, bringing the market value of the memory chipmaker to more than halve its level at its June peak in intraday trading, as investors remain jittery over the AI trade.
- Seven & I shares increased the most in about six months as the company confirmed they are in discussion regarding investment in Poland's largest convenience store chain, though no decision has been made at this time.
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