China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
TSMC Sales Fell Less Than Feared as AI Demand Offsets Slump

TSMC Sales Fell Less Than Feared as AI Demand Offsets Slump

Oct 06, 2023
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China Daily Reads
China Daily Reads
TSMC Sales Fell Less Than Feared as AI Demand Offsets Slump
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  • Third-quarter sales down 11% as sector works through inventory

  • Orders for AI chips strong but hitting supply constraints

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