Taiwan Semiconductor slips even as Taiwan economy minister says orders are 'very full'
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Taiwan Semiconductor (NYSE:TSM) shares slipped on Wednesday even after the Taiwanese Economy Minister said order books in the country's industry were "very full."
According to Reuters, Economy Minister Wang Mei-hua said Taiwan's semiconductor industry was a world leader, noting that both mature and advanced semiconductor chips continued to see strong demand.

"It looks like at the moment the business is firm for Taiwan's semiconductor industry," Wang added, speaking to reporters in Taipei.
Taiwan Semiconductor (TSM) shares fell 2% to $74.59 in early trading.
Taiwan Semiconductor (TSM), which produces chips for some of the world's largest tech companies, including Apple (AAPL), Advanced Micro Devices (AMD) and Nvidia (NVDA), is set to report second-quarter earnings next week.
Late last month, a Taiwan Semiconductor (TSM) board member called on Congress to pass the CHIPS Act.
SA's Quant Rating just tapped TSM as one of three top EM stocks.