TSMC Stock Dips Despite Outpacing Broad Market Gains Over Last Month
- TSMC (TSM) stock fell 0.99% despite the broader market only falling 0.28%-0.42%
- TSMC stock is up 7.34% over the past month, outpacing tech indexes
- TSMC earnings expected to decline 1.53% year-over-year to $1.29 per share
- Revenue estimated to rise 9.96% year-over-year to $18.38 billion
- TSMC trades at forward P/E ratio of 22.67, aligning with industry average PEG ratio of 1.07
