Cryptopolitan
2024-11-08 13:51:43

TSMC faces slower October sales as AI chip hype fades

TSMC, Taiwan Semiconductor Manufacturing Co., hit a speed bump in October. After riding high on the AI wave for months, the company reported a 29.2% growth in sales last month, its slowest since February. TSMC’s October sales hit NT$314.2 billion, roughly $9.8 billion, but it did not match the pace from previous months. For a

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.