Why is TSMC stock down?

The stock price of TSMC has experienced a decrease of 0.8% on July 1, 2025. The decline in TSMC's stock can be attributed to **Recent Leadership Changes**.

On July 1, 2025, TSMC Arizona announced a change in its leadership, with Rick Cassidy stepping down as Director and Chairman, and Rose Castanares being elected to fill the vacancy on the Board of Directors. Such leadership changes can lead to uncertainty and cause investors to reevaluate their positions, potentially resulting in a negative impact on the stock price.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|TSM|TSM.N|TSMC|20250616|2.1696|169|
|TSM|TSM.N|TSMC|20250617|-0.8253|169|
|TSM|TSM.N|TSMC|20250618|-0.187|169|
|TSM|TSM.N|TSMC|20250620|-1.8689|169|
|TSM|TSM.N|TSMC|20250623|0.3866|169|
|TSM|TSM.N|TSMC|20250624|4.6453|169|
|TSM|TSM.N|TSMC|20250625|1.2041|169|
|TSM|TSM.N|TSMC|20250626|0.5702|169|
|TSM|TSM.N|TSMC|20250627|2.0356|169|
|TSM|TSM.N|TSMC|20250630|-0.91|169|