China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
TSMC Foresees Long-Awaited Chip Recovery After Outlook Beat

TSMC Foresees Long-Awaited Chip Recovery After Outlook Beat

Oct 19, 2023
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China Daily Reads
China Daily Reads
TSMC Foresees Long-Awaited Chip Recovery After Outlook Beat
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  • Sales and capex projections both came in ahead of estimates

  • World’s most advanced chipmaker is struggling with a downturn

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