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TSM Shares Fall 1.7% Despite Record Q3 Profit and Bright Outlook

U.S.-listed shares of Taiwan Semiconductor fell 1.7% in overnight trading ahead of Thursday, despite a strong quarterly report. Chip stocks in the U.S. and Asia remained under pressure.

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-listed shares of Taiwan Semiconductor Manufacturing Co. 7% in overnight trading ahead of Thursday, despite a strong quarterly report from the world’s largest contract chipmaker. S. and Asia were under pressure on Thursday, extending the selloff from…