TSMC slips 1.45% to NT$2,375 on August 24 as investors take profits after Taiex rally

TSMC closed down 1.45% at NT$2,375 on Monday August 24 as the Taiex fell 1.02% to 44,762.32. Focus Taiwan linked the selling to profit-taking after the index's sharp rally from late July, with traders also waiting for Nvidia's earnings. This is a routine move rather than company news, included because it is part of the stock's path in the window.

• TSMC down 1.45% to NT$2,375
• Taiex down 461.97 points (1.02%) to 44,762.32
• Cause cited: profit-taking after a sharp index rally; Nvidia earnings ahead