Taiwan Semiconductor (TSM) Stock Plunges 6%: Why Wall Street Remains Bullish
Taiwan Semiconductor (TSM) stock tumbled 6% amid tech rotation. Analysts keep Buy ratings with $489 average target ahead of July 16 earnings report.
Last updated: 2026-07-06 07:40:29 ET
Taiwan Semiconductor (TSM) stock tumbled 6% amid tech rotation. Analysts keep Buy ratings with $489 average target ahead of July 16 earnings report.
Most of Sandisk’s annual revenue could eventually come from its new business model contracts that provide better visibility, BofA said.
Wall Street is coming off a mixed week, characterized by a rotation out of tech and into other parts of the stock market.
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